Powercell Q1 2024: Initial take
Research Note
2024-04-25
10:10
Redeye was hoping for a bit more in terms of top-line growth, but we are encouraged by strong gross margins and a solid cash flow. The cash position of SEK101m is now reassuring. Sales were basically flat Y/Y and Powercell continues to see longer lead-times in terms of customers coming to decisions. We will again lower our near-term growth forecasts.
HA
OV
Henrik Alveskog
Oskar Vilhelmsson
Disclosures and disclaimers