Continued strong sales growth and improvement in operating income
PowerCell Sweden AB grew its sales by 49 percent during the fourth quarter 2021, from MSEK 38.2 to MSEK 56.8 compared with the same quarter last year. For the full year 2021, sales grew by 54 percent to MSEK 159.8 (103.5). Operating income improved to MSEK -23.9 (-29.5) due to continued increasing sales and strengthened gross margin.The fourth quarter 2021 was yet another very strong quarter for PowerCell Sweden AB with a new sales record for a single quarter. Sales for the full year also set a record. “Demand continued to be strong during the quarter with large-scale deliveries to