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Cell Impact Updates on Preliminary Sales on its Flow Plates to Fuel Cell Manufacturers for 2019

By February 14, 2020 2   min read  (208 words)

February 14, 2020 |

  • Cell Impact AB (publ) announces that preliminary sales for the financial year 2019 were SEK 11.9 million.

“Since we previously communicated a financial turnover target of SEK 20-40 million for 2019, this means a lower sales rate than we expected at the beginning of the year, which we also described in the interim report for the third quarter of 2019, comments Pär Teike, CEO of Cell Impact. However, I can gladly note a number of interesting orders during the first weeks of this year.”

“We continue to supply flow plates to existing customers, while at the same time developing and expanding our production capacity for larger production volumes”, concludes Pär Teike.

READ MORE: Cell Impact and NKC Japan Initiate Production Tests with Orders of SEK 1.8 million

Cell Impact AB (publ) is a global supplier of advanced flow plates to fuel cell manufacturers. The company has developed and patented a unique method for adiabatic high-velocity forming, which makes it possible to produce flow plates with more advanced designs, which in turn creates more cost and energy-efficient fuel cells compared to conventional forming methods.

Cell Impact is listed on Nasdaq First North Growth Market and FNCA Sweden AB is the company’s Certified Adviser (CA). Contact information: 08-528 00 399 or [email protected] .

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