“During the last years, we have successfully developed our technology platform and adopted our product offering to capitalize on fast growing markets that are driven by the sustainability megatrend. We experience increased demand for our products, which is also being reflected in net sales that have more than doubled since 2015 from approximately SEK 200 million to SEK 415 million in 2020. Permascand has great opportunity for continued growth, not least in technology for large-scale production of green hydrogen which is facing exponential growth driven by electrification and increased demand for sustainable energy. We are now looking forward to the next step in our development as a listed company, where we will continue to deliver profitable growth and create climate gains for our customers and communities.”