Higher deliveries to China drive increase in sales during the third quarter
PowerCell increased its sales during the third quarter this year with 36 percent, up from 11 MSEK to 15 MSEK, compared to the same period last year. Operating income amounted to MSEK -16.6 compared to MSEK -10.8 the same period last year. “China drives the increase in sales whereas the decrease in operating income is mainly attributable to increased costs for sales and administration in accordance with plan, and to higher costs for research and development, mainly driven by the joint development project on S3 with Bosch,” Per Wassén, President of PowerCell said.The English version is an