Interim Report
January 1 – March 31, 2017The first quarter in figures · Net sales amounted to TSEK 1,755 (1,066). · The loss after tax amounted to TSEK 11,612 (11,600). · The loss per share amounted to SEK 1.40 (1.40). · The cash flow from current operations was negative in the amount of TSEK 11,981 (11,247). · The gross margin in the period was 26.5% (26.3%). Important events during the quarter · Our primary market Germany continues to show good growth with sales in value up by 99% and electrode sales volume up by 95% in the quarter. · Significant resources invested in the PMA