SaltX Technology Holding AB (publ): Quarterly report 3 2018

Quarterly report 3 2018

Financial events

Third quarter
-Net sales totaled MSEK 1.5 (1.1)
-Operating profit/loss (EBIT) amounted to MSEK -11.6 (-8.0)
-Cash flow from operating activities amounted to MSEK -7.0 (-9.1)
-Earnings per share before and after dilution were SEK -0.23 (-0.15)

Interim period January — September
-Net sales increased to MSEK 4.8 (3.1)
-Operating profit/loss (EBIT) amounted to MSEK -41.3 (-19.9)
-Cash flow from operating activities amounted to MSEK -36.2 (-18.2)
-Earnings per share before and after dilution were SEK -0.73 (-0.39)

After the end of the period
-SaltX has appointed EnerStore partner in Italy
-SaltX signed agreement with Norwegian Östfold Energi
-SaltX flagged for uncertainty about the SunCool order in Ghana
-SaltX increases the pace of investment in large-scale energy storage and carries out a guaranteed new share issue of MSEK 80
-SaltX has published a Notice of Extraordinary General Meeting on November 14 at 3 pm in its office to approve the proposal by the Board for a rights issue 

Stockholm, November 7, 2018

Board & CEO

For further information, please contact:
Karl Bohman, CEO SaltX Technology: Tel: +4670 560 02 68
Harald Bauer, CFO SaltX Technology: Tel: +4670 810 80 34

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SaltX Technology is obliged to disclose this information under the EU Market Abuse Regulation. The information was provided by the contact person listed above, for publication on November 7, 2018 at. 08.00 CET.

About SaltX Technology
SaltX Technology develops and markets a patented energy storage technology marketed under the brand SaltX ™. Customers consist mainly of major global OEM players such as Alfa Laval, Mobile Climate Control and Rheem. SaltX Technology's act is listed on Nasdaq Stockholm First North Premier. FNCA Sweden AB is SaltX Technology's certified adviser. For more information visit www.saltxtechnology.com.