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Doosan Fuel Cell wins £60 million SOFC contract with Reverion
Doosan Fuel Cell has signed a contract with Reverion GmbH worth about 108.7 billion KRW (£60 million) to supply solid oxide fuel cell (SOFC) stacks for power plants in Germany and Europe. The SOFC stacks, supplied under licence from Ceres Power Holdings, mark Doosan Fuel Cell’s first export of this technology abroad. Reverion plans to use them in reversible gas-to-power and power-to-gas systems with integrated energy storage and CO2 capture. » More on de.investing.com
Rumors about Doosan drive Wacker Neuson shares sharply higher intraday
Speculation that South Korean group Doosan may be interested in Wacker Neuson briefly lifted the stock by up to 17% to €22.10. On XETRA the paper last closed 8.58% higher at €20.50, meaning a breakout above the 200-day line failed for now. The report comes from informed circles, according to Bloomberg. » More on finanzen.net
Ceres Power starts mass production of fuel cells with Doosan Fuel Cell in South Korea
Ceres Power and Doosan Fuel Cell have begun mass production of solid oxide fuel cells in South Korea, marking a significant milestone for both companies. The fuel cell systems target high-growth markets such as data centers, commercial energy supply, and maritime applications. The technology is intended to support decarbonization and meet rising energy demand. » More on finanzen.net
Financials
| (EUR) | September 2026 | YoY |
|---|---|---|
| Revenue | 94.42m | 71.35% |
| Gross profit | 0 | 100.00% |
| Net profit | -18.21m | 71.59% |
| EBITDA | -11.08m | 76.97% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €1.38bn |
Number of shares | 70.52m |
52-week high/low | €72.88 - €12.20 |
| Dividends | No |
Beta | 2.48 |
P/E ratio | -11.90 |
PEG ratio | 0.06 |
P/B ratio | 7.96 |
P/S ratio | 4.37 |
Company profile
Doosan Fuel Cell Co., Ltd. develops and distributes power generation fuel cells in South Korea. The company primarily offers M400 fuel cell that produces approximately 440KW of power and heat. Its fuel cells are used in power plants, refrigerated warehouses, large buildings, and hot springs, as well as natural gas, LPG, and hydrogen projects. Doosan Fuel Cell Co. Ltd has a strategic collaboration and license agreement with Ceres Power Holdings plc. The company was incorporated in 2019 and is headquartered in Iksan-si, South Korea.
| Name | Doosan Fuel Cell |
| CEO | Doosoon Lee |
| Headquarters | Iksan-si,
nj South Korea |
| Website | |
| IPO | 18/10/2019 |
| Employees | 467 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
Korea Exchange | 336260.KS |