February 28th 2019

Year End Report 2018 Azelio AB

Financial development group

Q4: October–December 2018

•         Income for the period including own work capitalized amounted to SEK 26,005,000 (5,783,000)

•         Operating profit/loss (EBIT) improved to SEK -26,390,000 (-31,423,000)

•         Earnings per share SEK -0.16 (-0.16)

•         Profit/loss for the period improved to SEK -26,341,000 (-31,329,000)

•         Cash flow increased to SEK 252,679,000 (-26,336,000), attributable to the share issue in connection with listing

Full year: January–December 2018

•         Income for the period including own work capitalized amounted to SEK 70,341,000 (78,602,000)

•         Operating profit/loss (EBIT) improved to SEK -91,959,000 (-95,645,000)

•         Earnings per share SEK -0.77 (-0.77)

•         Profit/loss for the period improved to SEK -91,845,000 (-97,443,000)

•         Cash flow increased to SEK 313,011,000 (-2,596,000), attributable to share issues in 2018

•         The Board proposes no dividend for the year 2018

For further information, please contact
Jonas Eklind – CEO
Email: jonas.eklind@azelio.com
Tel: 070-940 35 80

This press release contains such information that Azelio AB (publ) is required to publish in accordance with the EU Market Abuse Regulation. The information was published for public disclosure on February 28th, 2019 at 08:00 CET through the agency of the contact person set out above. 

Azelio is a Swedish cleantech company. We have developed an ingenious long duration energy storage technology, providing dispatchable electricity and usable heat for all hours of the day – with zero emissions and at a very competitive cost.

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Contact information

Azelio
Lindholmsplatsen 1
417 56 Gothenburg
Sweden

Phone: +46 532 100 20

Email: info@azelio.com

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