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Redeye is impressed by the strong numbers presented in the Q3 report. Sales of SEK 45m is at a new ATH spurred by growth across all product segments. Moreover, solid gross margins of 33%, similar to H1’21 and well above last year’s level. Powercell has expanded its customer base and we are growing increasingly confident that the strong momentum will continue. Admittedly, it’s difficult to predict the growth curve a few year’s out, but for now we see good support for our positive view and optimistic forecasts for the coming years.
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