Clean Air Power sounds profit warning

CLEAN Air Power, the Preston-based company which develops combustion technology for heavy-duty diesel engines, has issued a profit warning.

The AIM-listed company, which counts billionaire Chelsea FC owner Roman Abramovich among its investors, blamed a tough European market and delays in regulatory approval in the US for its current predicament.

A trading statement said: "Whilst there have been some notable recent successes, current trading has been very challenging. The introduction of Euro 6 emissions standa... For the full story register now for free or login below...