(English translation, original Q1 report was posted on may 23, 2017)
Key figures Q1 2017 (Group, TSEK)
- Operating revenue
5 052 - Profit/loss after financial items
-5 589 - Equity
82 691 - Cash flow for the period
-8 842 - Equity/debt ratio
66%
Significant events during the first quarter
- Collaboration with Öresundskraft on new gas heat pump
- SaltX signs contract for the development of energy storage to households together with global OEM
- Success of SaltX performs successful verification tests of large-scale energy storage at DLR’s
Significant events after the end of the quarter
- New share issue completed contributing the Company approximately SEK 90 million (after costs)
- Key patent in China granted
- Agreement for EnerStore project with the Norwegian Östfold Energy
- US order for gas-powered heat pumps obtained –Agreement for field trials with NEEA and Rheem worth MSEK 4.5
Stockholm, May 23, 2017
Board & CEO