Continued Strong Sales and Increased Customer Interest
PowerCell Sweden AB grew its sales by 11 percent during the first quarter 2021, from MSEK 26.7 to MSEK 29.7. Operating income before items affecting comparability for the first quarter weakened to MSEK -22.7 (-17.6) mainly driven by operational currency effects and adjusted for these, operating income was basically unchanged at MSEK -22,5 (-22,7).“In terms of sales, the first quarter 2021 was the strongest first quarter in the company’s history. Our sales to Robert Bosch GmbH continue to play a crucial role but we expect their share of the total sales to decline as we increase sales to our