sales rose to 2.2 million from 0.3 million the year before. Mainly this was achieved through the sale of prototypes for testing by customers in various customer applications, according to the company.
Powercell will continue as planned with an ongoing industrialization process and the development of series production, which are charged to earnings as planned, according to CEO Per Wasséns report comment.
“the main task ahead is to further increase customer focus, to deliver prototypes for customer testing in 2016, as well as prepare and ensure the quality for the planned series production of our platforms and systems during 2017/2018,” he writes in the Managing Director.
the Company’s cash amounted to SEK 93.6 million at March 31, indicated that strong. Cash flow from current operations amounted to minus SEK 14.1 million during the quarter.
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