Voltabox - Recharging the batteries
Voltabox is facing a more challenging 2019 than had been expected. Revenue growth remains strong but has been constrained by two factors: a supply chain disruption and a contract deferral due to a specification change. The subsequent under-recovery of incurred overhead costs led to management downgrading FY19 guidance substantially in August, with a return to profitability now expected in FY20.Voltabox is a joint stock corporation. Co. develops, manufactures and distributes high-performance rechargeable battery systems with integrated battery management systems (“BMS”) based on Li-Ion technology for a wide range of applications such as in public transportation vehicles, commercial and industrial vehicles as well as intralogistics.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
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