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Press release

Redeye: Powercell - Steaming ahead

PowerCell Group

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.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/

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Powercell - Steaming ahead

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