StockMarketWire.com - Aggregated Micro Power, a renewable fuels provider, said Thursday first-half losses widened even as revenues jumped 55%.

For the six months ended 30 September 2018, the loss before tax widened to £3.57m from £2.47m, while revenues increased 55% to £17.39m.

The company said the bulk of its revenues in its wood fuels business was expected to be generated in the second half of the financial year.

'Group revenues have grown significantly year on year and our balance sheet has been simplified and strengthened by the recent equity fund raise and the conversion of loan notes into equity. With our growing pipeline of Urban Reserve projects, the strength of our position in the wood fuels market and with the winter heating season now upon us, we look forward to the remainder of the financial year with confidence,' said Richard Burrell, Chief Executive of Aggregated Micro Power Holdings.


At 9:38am: [LON:AMPH] Aggregated Micro Power Holdings Plc share price was 0p at 102.5p



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