by Benjamin Dierks
British technology company Clean Air Power, which makes low-emission diesel engines for lorries, warned yesterday that annual profits would be lower than expected due to poor UK sales.
The company, whose hybrid diesel engines combine diesel and natural gas, said growth in the UK had been significantly slower than anticipated. Despite focus on cutting emissions, shares in Clean Air Power have fallen by 20% since February.
Clean Air Power, which holds contracts with United Parcel Service and Disneyland, also said it had completed a trial on a low-emission truck for Tesco.
British technology company Clean Air Power, which makes low-emission diesel engines for lorries, warned yesterday that annual profits would be lower than expected due to poor UK sales.
The company, whose hybrid diesel engines combine diesel and natural gas, said growth in the UK had been significantly slower than anticipated. Despite focus on cutting emissions, shares in Clean Air Power have fallen by 20% since February.
Clean Air Power, which holds contracts with United Parcel Service and Disneyland, also said it had completed a trial on a low-emission truck for Tesco.
Source: The Guardian
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