Nel ASA: First Quarter 2019 Results
(Oslo, May 8, 2019) Nel ASA (“Nel”) reported revenues in the first quarter of 2019 of NOK 122.4 million, up from NOK 112.5 million in the first quarter of 2018, representing a growth of 9%. Nel has received several important purchase orders ("PO's") during 2019, has an all-time high pipeline and reiterates the strong market outlook. “Nel has a solid order intake so far in 2019, reflecting the attractive market opportunities provided by our leading technology across segments. The order for a 4.5 MW alkaline electrolyzer solution from Hybrit is an important example on how we’re working to