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CI Cell Impact AB (publ) News Story

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Sweden's Cell Impact Q1 sales rise, operating loss narrows on cost control

Overview

Sweden fuel cell plate maker's Q1 net sales rose yr/yr, but operating loss persisted

Company improved cash position via rights issue and new European electrolyzer agreement

Cost control measures contributed to reduced operating loss compared to prior year

Outlook

Cell Impact says it remains dependent on increasing cash generation from operations in coming quarters

Company sees Asia as the geographic market with the strongest demand currently

Cell Impact continues to focus on business expansion and future high-volume production

Result Drivers

COST CONTROL - Co said high cost awareness and operational adaptation helped reduce operating loss

GEOGRAPHIC DEMAND - Co said Asia was the geographic market with the strongest demand in the quarter

Company press release: ID:nWkrh1RMp

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 SalesSEK 2.20 mln
Q1 Adjusted EPS-SEK 0.05
Q1 EBIT-SEK 16.60 mln
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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