Ferroamp AbOMXSTO: FERRO

FERRO: Revenue up 74% year-over-year, but margins pressured by battery sales and one-time financing effects

· Issued by Ferroamp AB

Revenue rose 74% year-over-year, but gross margin fell to 18% due to a high share of battery sales. One-time financing effects weighed on cash flow, but operational improvements led to a smaller EBITDA loss. Management expects margin and cash flow improvements in Q2.

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