PowerCell Q3 Losses Widen as Sales Plummet 61%

Key Facts

PowerCell reported a wider earnings per share loss for the third quarter of 2026 as sales plummeted by 61%. According to Seeking Alpha, the company's revenue fell to SEK 33.1 million, resulting in a net loss of SEK 34.2 million compared to a loss of SEK 15.3 million in the same period last year.

The financial results reflected significant operational pressure, with an EBITDA loss of SEK 26.0 million. In response to the downturn, the company expects to implement organizational and cost-cutting measures aimed at reducing its annual cost base by approximately SEK 50 million by 2027 as it navigates the sharp decline in sales volume.