Q1 from
The report can be found here:https://cleanindustrysolutions.com/en/investor-relations/financial-reports/
The period in brief - financial summary for the first quarter
- Income dropped by -94 % to
SEK 0.1 million -
Other operating income amounted to
SEK 0.1 million -
Operating expenses plus cost of sales for the first quarter amounted to
SEK -2.4 million -
Operating result (EBIT) for the first quarter amounted to
SEK -2.2 million -
Earnings per share, before and after dilution, for the first quarter amounted to
SEK -0.036
Significant events during the reporting period
- Clean Industry Solutions announces termination of the liquidity provider agreement
Clean Industry Solutions Holding Europe AB's subsidiaryIndustrial Solar GmbH will cease operations by the end of February-
SolarSpring receives
EU LIFE programme grant award for R&D project SALTEAU - Clean Industry Solutions announces the dismissal of the management of Industrial Solar by the insolvency trustee
Significant events after the reporting period
No significant events have occurred after the reporting period.
Comments from the CEO
As already communicated in the Annual Report 2023,
Activities on site in Erbach continued with the official start-up of the ROKKA pilot system, resulting in a first testing campaign for the removal of ammonia from the municipal wastewater for conversion to fertilizer. Further testing is planned in Q2, followed by the final analysis and report to be issued in Q3 of this year. The results will be presented in several public events, involving relevant stakeholders and interested parties.
The insolvency of Industrial Solar was a bitter setback, but we are glad that SolarSpring carries on and is able to contribute to prestigious research projects with their knowledge and expertise and is able to make an important contribution to a sustainable circular economy with their technology.
This disclosure contains information that
Contact information:
c/o
Palmfeltsvägen 21
SE-121 62 Johanneshov/
E-Mail: info@cleanindustrysolutions.com
E-mail: info@amudova.se
Founded in 2009 as a spin-off of the Fraunhofer ISE,
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