Photocat A/S: 2nd Quarter Interim Report 2018 Main
Post# of 301275
Main highlights during the second quarter 2018
- Photocat held the event "Clean Air with Photocatalysis". The event hosted Professor Akira Fujishima (the father of photocatalysis).
- First order of actiFLOOR technology in 2018 substantially above expectations.
- Lauzon Flooring reports highest production volume in history, more than 50 % growth compared to same quarter last year and apx. 27 % stronger compared to previous high.
- The Municipality of Frederiksberg recommends the application of photocatalytic paver stones from 2019. We expect the technology to be delivered in 2019.
- Secured first indoor loft ceiling client. Client expected to launch product in Q4 2018. We expect the first reference projects to be implemented early 2019.
- Binne Dachbanen reports strong growth and increased ability to secure projects with the NOxOFF technology.
- Renotech launches online platform for ShineOn projects and secures projects in Belgium, Holland and Hungary.
- Photocat secures loan of 2 MDKK from senior management and key investors to support growth activities.
Main highlights after the second quarter of 2018
- Initiated implementation of technology with two new clients in Germany and Holland.
- Photocat issues 248.928 shares in a direct issue securing SEK 1.9 million kr. in new equity.
Attachment