Alelion Energy Systems AB: 2021 Year-end report
- Net sales increased to MSEK 9.3 (8.5)
- Order intake increased to MSEK 57.0 (1.8)
- Operating costs for personnel, other external charges and depreciation decreased to MSEK -30.0 (-35.6)
- Operating income amounted to MSEK -24.1 (-38.7)
- Net profit or loss amounted to MSEK -25.1 (-39.6)
- Cash flow from operating activities amounted to MSEK -21.2 (-31.2).
- Net sales increased to MSEK 53.2 (18.9)
- Order intake increased to MSEK 183.9 (19.9)
- Operating costs for personnel, other external charges and depreciation decreased to MSEK -83.5 (-95.8)
- Operating income amounted to MSEK -61.5 (-93.1)
- Net profit or loss amounted to MSEK -65.0 (-96.4)
- Cash flow from operating activities amounted to MSEK -55.7 (-50.4).
Significant events during the fourth quarter of 2021
On December 17, Alelion announced that it had received its largest order to date, worth MSEK 38, from its largest customer Terberg.
Order intake for the fourth quarter 2021 amounted to MSEK 57, marking the best fourth quarter in the history of the Company. During the quarter, Alelion won orders across all the three segments of special vehicles designated as strategically important: Terminal Tractors, Ground Support Equipment and Construction Machinery.
Alelion secured debt financing by extending loans and credits totaling MSEK 45 until March 2023.
During the fourth quarter, a directed share issue was carried out successfully. Through the issue, the company raised proceeds of MSEK 46 before issuance cost.
Significant events during the year
All in all, we have received orders of MSEK 184 during 2021, part of which has been delivered during the past year. This is on par with the peak order intake in the history of the Company, which was in 2018. The order backlog remaining for future delivery amounts to MSEK 113 for 2022 and MSEK 25 for 2023 and beyond.
Alelion received its largest order to date, worth MSEK 53 - also the first order to extend over several years. The order, concluded with Kalmar and relating to the electrification of special vehicles, extends over four years.
This disclosure contains information that Alelion Energy Systems AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 15-02-2022 08:30 CET.