Interim report January - June 2021

Highest order intake in Alelion's history

The order intake increased to MSEK 92.4 (13.8) during the second quarter, which is the highest order intake reported by Alelion in any single quarter. The quarter also saw the single largest order thus far in our history, worth MSEK 53. In total, we received orders worth more than MSEK 115 over the first half of the year.
A very eventful, positive quarter has us looking with confidence to the future.

The second quarter 2021 in brief:

• Net sales increased to MSEK 17.6 (3.1)
• Order intake increased to MSEK 92.4 (13.8)
• Operating costs for personnel, other external charges and depreciation decreased to MSEK 19.4 (20.9)
• Operating income amounted to MSEK -12.3 (-19.4)
• Net profit or loss amounted to MSEK -13.4 (-20.2)
• Cash flow from operating activities amounted to MSEK -4.2 (-11.2).

Significant events during the second quarter of 2021:

• Alelion received its largest order to date when a supply agreement for high-voltage battery systems was concluded with Kalmar. The supply agreement covers development and production of high-voltage battery systems to the value of MSEK 53 over four years.

• Follow-up orders worth MSEK 24 in total were received from Terberg Group during the quarter. The orders will be delivered during the autumn of 2021 and up to January 2022.

• Alelion received a strategically important order from Jernbro for lithium-ion batteries in the automated guided vehicle (AGV) segment.
   
• Alelion recived an order from Huddig for high-voltage batteries for construction machinery. The order, which is the first in serial production, amounts to MSEK 1 and will be delivered in the fourth quarter of 2021. All in all, the order intake for the quarter was the highest in Alelion’s history.
   
• Alelion’s Chairman of the Board Alf Blomqvist acquired 18.7 percent of the shares in Alelion from Fouriertransform and Pegroco.
   
• In October 2020, Alelion carried out a rights issue of Series TO2 shares and warrants. The exercise period of the warrants was during the month of May, and the exercise rate was 93 percent. Through the exercise of warrants, Alelion thus received proceeds of approximately MSEK 23,5 before issuance costs.

This disclosure contains information that Alelion Energy Systems AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 26-08-2021 08:48 CET.

VD Åsa Nordström  +46 702 90 18 58,
email: asa.nordstrom@alelion.com

CFO Christian Bergaust +46 702 93 50 40,
email: christian.bergaust@alelion.com

Chairman of the Board Alf Blomqvist +46 733 14 97 00,
email: alf@blomqvistunlimited.com

About Alelion Energy Systems AB (publ)
Alelion is a lithium-ion technology solution provider and manufacturer of battery systems. Alelion makes its clients succeed with their electrification of industrial vehicles and transformation to more sustainable use of energy. With powerful solutions, automated production and an empowering approach, Alelion constantly strives forward, for a better tomorrow. Alelion is headquartered in Gothenburg, Sweden.
We have and give the power to change. alelion.com

Alelion’s major owners are Pegroco Invest, Blomqvist Listed Sustainability and Fouriertransform. The company’s share (ALELIO) is traded on Nasdaq First North Growth Market, Stockholm, with G&W Fondkommission as Certified Adviser, e-mail: ca@gwkapital.se, phone: +468-503 000 50.

Alelion Energy Systems AB
Sörredsbacken 4, SE-418 78 Göteborg
info@alelion.comOrg nr: 556710-7916

Direct link to Press releases: https://alelion.com/press-releases/