Year-End Report for 2016: INCREASED REVENUES FROM SALES OF TEST MATERIALS
–Svenska Aerogel reports a decrease in total income and a negative result for 2016. Total income amounted to SEK 7,6 million compared to SEK 9,7 million in 2015. The result was -13,0 million compared to -4,9 million in 2015. “The decrease in total income was primarily a result of planned reduced income from ongoing EU projects”, comments CEO Anders Lundström.– It is however interesting to note that the sales from test materials increased by a factor of 12, from SEK 22 000 in 2015 to SEK 281 000 in 2016. That is for me a proof that we are coming closer to the market. We had about 30