SaltX Technology Holding AB Interim Report Q1 - 2023
SaltX Technology is a Swedish Greentech company that develops and markets sustainable technology that benefits customers, the climate, and society. The company today issues its Interim Report Q1 - 2023.
“Our electrical solution for calcination, EAC, has the potential to heavily reduce carbon dioxide emissions in the lime and cement industry. We ran a successful pilot last year and are now working on industrializing the technology at our large-scale test and research center in Hofors. Our goal is to establish the groundwork for large-scale industrial electrification.”
- Carl-Johan Linér, CEO SaltX
Presentation of Interim report
The report is presented in a video interview where SaltX CEO, Carl-Johan Linér, talks about the quarter that has passed, answers questions from shareholders, and describes the company's plans going forward. Feel free to continue sending any questions via email: [email protected]
CEO interview, Interim Report Q1-2023 with Carl-Johan Linér - https://youtu.be/Y3Jx8tCO5nE
FINANCIAL EVENTS
The first quarter
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Net sales amounted to MSEK 3.3 (0.1)
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Operating profit/loss (EBIT) totaled MSEK -8.9 (-12.4)
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Cash flow from operating activities amounted to MSEK -8.8 (-12.3)
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Earnings per share before and after dilution amounted to SEK -0.09 (-0.14)
SIGNIFICANT EVENTS
The first quarter
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SaltX and SMA Mineral entered partnership with Celsa Armeringsstål - plan for climate-neutral lime production in the northern Norwegian town of Mo i Rana
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SaltX enters industrialization - invests SEK 50 million in a new demonstration facility
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SaltX, SMA Mineral and SSAB are entering a pre-study on using new technology for climate-neutral quicklime production
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The construction of SaltX’s new plant has started - paving the way for the lime and cement industry’s green transition
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SaltX has been granted a patent for its electric caliciner technology, EAC (Electric Arc Calciner)
After the end of the period
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SMA Mineral and SaltX launch ZEQL - an electrified factory concept for production of climate-neutral quicklime
Read the full report here:
https://investor.saltxtechnology.com/investor/financial-reports/
Stockholm May 3, 2023
Board & CEO
For further information, please contact:
Carl-Johan Linér (CEO) +46 705-32 08 08
Harald Bauer (CFO) +46 708-10 80 34
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This information is such information that SaltX Technology Holding AB (publ) is obliged to publish in accordance with the EU Market Abuse Regulation. The information was submitted, through the care of the above contact persons, for publication on May 3, 2023, at 08.00 CET.
About SaltX Technology
SaltX Technology is a Swedish Greentech company that develops and markets sustainable technology that benefits customers, the climate, and society. The company operates in large-scale energy storage solutions and electrification technology for mainly the lime and cement industry. SaltX Technology's share is listed on the Nasdaq First North Premier Growth Market. For more information, visit www.saltxtechnology.com.
Stockholm, 2023-05-03