Increased sales for PowerCell full year 2019
PowerCell Sweden AB increased its sales for the full year 2019 with 10 percent, up from MSEK 60.5 to MSEK 66.8 compared to the full year 2018. Sales during the fourth quarter noted a slight decrease, down from MSEK 28.1 to MSEK 27 compared to the same period last year. Operating income for the fourth quarter amounted to MSEK -28,8 compared to MSEK -11.1 the same period last year.“The reason for the decrease in sales during the quarter is lower sales of PowerCell S3 to the automotive segment following our agreement with Bosch. The weaker operating income is due to vigorous efforts within