Redeye is only making some minor adjustments to our forecasts and valuation on the back of Q1 numbers, which displayed ~40% top-line growth and gross margins of 37%. Powercell has a solid order backlog and good business momentum, particularly in the marine segment where the company is solidifying its leading position.

Read more and download the Research Update.
 
Follow companies at Redeye to receive the latest equity research within Life Science and Technology.
 
This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/