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Powercell: Slower growth but good cash generation - Redeye

Redeye is making some downward adjustments to our financial forecasts, following the Q1 report and a somewhat uncertain near-term outlook. Sales growth was muted in Q1, only +3% Y/Y. On the other hand, gross margins and cash flow were strong and the cash position of SEK101m, is now reassuring.

Redeye is making some downward adjustments to our financial forecasts, following the Q1 report and a somewhat uncertain near-term outlook. Sales growth was muted in Q1, only +3% Y/Y. On the other hand, gross margins and cash flow were strong and the cash position of SEK101m, is now reassuring.
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