Nel ASA: First quarter 2022 financial results
(Oslo, 11 May 2022) Nel ASA (Nel, OSE:NEL) reported revenues of NOK 213 million in the first quarter of 2022, up from NOK 157 million in the same quarter of 2021. Nel continues with its scale-up strategy to maintain the leadership position in a market set to grow rapidly. After a reported order intake of NOK 283 million for the period, the company now has a record-high backlog. Quarterly highlights · Nel ASA (Nel) reported revenue and operating income in the first quarter 2022 of NOK 213 million, up 36% from the first quarter 2021 (Q1 2021: 157). · Order intake this quarter of