Redeye: Powercell - Slower growth but good cash generation
Redeye is making some downward adjustments to our financial forecasts, following the Q1 report and a somewhat uncertain near-term outlook. Sales growth was muted in Q1, only +3% Y/Y. On the other hand, gross margins and cash flow were strong and the cash position of SEK101m, is now reassuring.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/