Continued Growth and Strengtened Gross Margin Led to Improved Operating Income during the Second Quarter
PowerCell Sweden AB grew its sales by 28 percent during the second quarter 2021, from MSEK 22.2 to MSEK 28.2. Operating income improved to MSEK -21.7 (-28.3) driven by increased sales and strengthened gross margin.In terms of sales, the second quarter 2021 was the strongest second quarter in the company’s history. This was the third quarter in a row with record sales in comparison with corresponding quarters previous years. “Growth was driven by increased demand in all segments while also sales to Robert Bosch remained high. Underlying demand was stronger than what can be seen in the