Powercell: Making progress in multiple areas - Redeye

Redeye remains confident on the case although Q2 numbers came in a little shy of our expectations. Adjusted for IP/royalty revenues from the Bosch, sales grew ~12% Y/Y. But we are encouraged by the strong news flow lately where Powercell has signed several important deals with significant future potential. Also, the current order backlog is substantial suggesting a strong H2’25.

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