AFC has issued a positive pre close update for the 12 months to 31 October. The year was transformational with good progress on the manufacturing scale up and product roll-out. Revenue is slightly ahead of our forecast and the cash position is about in line. Momentum at the JV with Speedy Hire, Speedy Hydrogen Solutions, is building. Formation of Hyamtec as a standalone business to exploit AFC’s market leading ammonia cracking technology is exciting. The new UK Government has made various announ ....
