Powercell Q4’20: Accelerating sales
Redeye is encouraged to see the strong trend in reported sales for Q4, as well as the full year 2020. We believe this will continue into 2021, even though most of the orders are still of a non-recurring nature. Powercells business activity is increasing, which is partly reflected in the recent launch of their new product brand ”PowerCellution”. We will review our estimates and most likely make som positive adjustments in our growth assumptions.