Clipper Windpower posts widening loss on faster growing sales

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Clipper Windpower, the American wind company listed on London's AIM, a vertically integrated manufacturer to wind farm operator, has just posted a pretax loss of 11.1 mln usd for the first half of 2006, up from a loss of 7.2 mln the prior year.

There's more to this story though; sales are increasing at a much faster rate. The company also reported for the six months ended June 30 2006 sales of $7.1 m against $2.5m for the six months to end-June 2005.

So when will they make a profit?

Rising sales on less slowly rising losses, it reminds me of Amazon . . .

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