Redeye provides its initial take on Heliospectra’s Q1 results, noting that while sales were below expectations, however, the new lower cost base made some compensation, resulting in better than expected operating costs. The overall financials reflect a transitional phase for the company. Management remains positive about the outlook, citing “on track for a planned soft launch at GreenTech 2025”, due to strong market activity by ongoing field tests and additional pilots in the pipeline in several countries.
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