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Alelion Q2 2023: Largely in line with expectations - Redeye

Redye comments on Alelion’s Q2 report, which was largely in line with our expectations. Sales was slightly lower due to delivery-postponements, but EBITDA was better than expected due to a higher gross margin and lower OPEX than expected. We also note that Alelion has acquired a cloud-based platform for the analysis of battery data, which we find interesting.

Redye comments on Alelion’s Q2 report, which was largely in line with our expectations. Sales was slightly lower due to delivery-postponements, but EBITDA was better than expected due to a higher gross margin and lower OPEX than expected. We also note that Alelion has acquired a cloud-based platform for the analysis of battery data, which we find interesting.
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