Brief: Powercell Q3 Operating Loss Widens To SEK 24.5 Million

Powercell Sweden AB (publ)

20/10/2022 07:36

Oct 20 (Reuters) - Powercell Sweden AB (publ)
 PCELL.ST :
    * ANOTHER QUARTER WITH CONTINUED GROWTH AND INDUSTRY LEADING
GROSS
MARGIN
    * SALES FOR POWERCELL SWEDEN AB INCREASED 23% TO SEK 55.6M
(45.1)
IN Q3 2022
    * IN QUARTER, SALES WERE ESPECIALLY POSITIVELY IMPACTED BY
MARINE
INDUSTRY
    * POWERCELL'S FIRST SERIAL PRODUCTION OF SYSTEMS FOR MARINE
AND
STATIONARY APPLICATIONS IS TO START IN Q4 2022.
    * Q3 OPERATING LOSS SEK 24.5 MILLION VERSUS LOSS SEK 12.2
MILLION
YEAR AGO

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