SaltX Technology Holding AB (publ): Interim report Q3 2017
Financial facts
Third quarter
-Operating income increased to MSEK 3.7 (2.2)
-Operating result (EBIT) amounted to MSEK -8.0 (-5.6)
-Cash flow from operating activities amounted to MSEK -12.0 (-1.9)
-Earnings per share SEK -0.14
Period January - September
-Operating income increased to MSEK 13.7 (11.6)
-Operating result (EBIT) amounted to MSEK -19.9 (-13.9)
-Cash flow from operating activities amounted to MSEK -21.4 (-10.6)
-Earnings per share SEK -0.38
Significant events
Third quarter
-SaltX won Serendipity Challenge 2017
-SaltX partned with Impacts Solar in Australia – To develop game-changing storage for Concentrated Solar Thermal
-SaltX signed Letter of Intent with world leading wind power provider – Chinese Goldwind will try out SaltX large-scale energy storage
-SaltX Technology acquired SunCool AB
After the end of the quarter
-SaltX granted European solar collector patent
-SaltX won Sweden’s largest energy prize by E.ON and Veckans Affärer
-Swedish Energy Agency finances SaltX pilot project and granted MSEK 5 for pilot project for large scale energy storage
-SaltX agreed to sell exclusive license for its gas heat pump technology in China
Stockholm, November 9, 2017
Board & CEO
For further information, please contact:
Karl Bohman, CEO SaltX Technology: Tel: 070 560 02 68
Harald Bauer, CFO SaltX Technology: Tel: 070 810 80 34
SaltX Technology is obliged to disclose this information under the EU Market Abuse Regulation. The information was provided by the contact person listed above, for publication on November 9, 2017 at. 08.00 CET.
About SaltX Technology
SaltX Technology develops and markets a patented energy storage technology marketed under the brand SaltX ™. Customers consist mainly of major global OEM players such as Alfa Laval, Mobile Climate Control and Rheem. SaltX Technology's act is listed on Nasdaq Stockholm First North. FNCA Sweden AB is SaltX Technology's certified adviser. For more information visit www.saltxtechnology.com.