Interim report January-September 2021

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We are making investments to meet a strong market growth

The third quarter demonstrates our capacity to deliver during a period of worldwide purchasing chain disruptions. At the same time, the market is maturing very rapidly towards the transition to a fossil-free future.

Order intake increased during the quarter, to MSEK 11.8 (7.8), mostly attributable to follow-up orders from existing customers. The total order intake during the period January-September amounted to MSEK 126.9, which is a level significantly above the corresponding period in the previous year. Operating income for the quarter amounted to MSEK -10.4 (-17.6), and net profit or loss amounted to MSEK -10.9 (-18.5). The Company’s development activities are proceeding according to plan.

The third quarter 2021 in brief

  • Net sales increased to MSEK 11.8 (1.1)
  • Order intake increased to MSEK 11.8 (7.8)
  • Operating costs for personnel, other external charges and depreciation decreased to MSEK -15.1 (-17.1)
  • Operating income amounted to MSEK -10.4 (-17.6)
  • Net profit or loss amounted to MSEK -10.9 (-18.5)
  • Cash flow from operating activities amounted to MSEK -10.1 (7.4).

Significant events during the third quarter of 2021

  • Alelion received follow-up orders from strategically important customers in the aviation industry and the automated trucks (AGV) market during the third quarter.
  • During the quarter, Alelion initiated a major development project relating to battery systems for delivery to the Cargotec group.

We are making a difference, by exporting climate benefit and thus contributing to the climate transition. We are witnessing a market ready for that transition, and we are in the right position in at least three respects: the right geography – Europe; the right time – now; and the right segment – selected special vehicles.

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 18-11-2021 08:30 CET.

CEO Åsa Nordström  +46 702 90 18 58,

CFO Christian Bergaust +46 702 93 50 40,

Chairman of the Board Alf Blomqvist +46 733 14 97 00,

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’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:, phone: +468-503 000 50.

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

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