Advanced Power Components – “Significant business opportunity”
Advanced Power Component (APC), which recently reported its final results for the year to 31 August 2012, has had a mixed year. Its traditional businesses have been struggling in a tough market place, whereas its fledgling clean-tech ventures are at last making some real progress. In this article CEO Mark Robinson gives comments on the outlook for the Group.
We have seen a number of AIM-listed clean-tech companies fail to meet expectations. So, it is particularly encouraging to see progress at APC. This comment, included in the Chairman’s statement, speaks of a “significant business opportunity”:- “It was especially gratifying to report the first major contract win for Minimise so soon after taking effective control of the business and I can report that LED lighting installations under this contract were completed to schedule. The success of Minimise in winning orders post year-end reinforces our belief that the clean-tech sector is now starting to mature into a significant business opportunity. This…