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Thursday, 04/27/2023 7:31:25 AM

Thursday, April 27, 2023 7:31:25 AM

Post# of 62887
Nel ASA (Nel, OSE:NEL) reported revenues of NOK 359 million in the first quarter of 2023, up 68% from NOK 213 million in the same quarter of 2022. Order intake was NOK 580 million, up 105% year-on-year, positively impacted by purchase orders from HH2E (EUR 34 million) and HyCC (EUR 12 million). At the end of the first quarter, the order backlog was NOK 2 913 million, up 126% from Q1 2022. The cash balance was NOK 4 621 million at quarter end.
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https://www.marketscreener.com/quote/stock/NEL-ASA-1413121/news/Nel-ASA-First-quarter-2023-financial-results-43653675/
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