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Clean Air Power (LON:CAP) - 2012 to meet market forecasts

Thursday, Feb 07 2013 by

Feb 07th 2013 - Edison Investment Research today published a report on Clean Air Power (CAP.L, LSE:CAP, LON:CAP) entitled "2012 To Meet Market Forecasts". In summary, the report says:

Clean Air Power (CAP) appears set to meet market expectations for 2012, signifying a year of progress in terms of unit sales and revenue growth. At this early stage, the signs for 2013 appear encouraging and the US market for CAP’s Dual-Fuel™ technology offers the prospect of opportunities for longer-term growth. The current 2013e EV/Sales ratio of 0.9x does not, in our view, reflect this growth opportunity.




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Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »