The Yearly report is enclosed in this press release and is also available for download at the company's web site, https://www.heliospectra.com/investor-relations/reports-presentations/
The year in brief
2019 was characterised by the decision taken in 2018 to renew the product portfolio with the development of MITRA. The decision involved a risk that sales would be affected, which was the case as sales fell by 43 per cent during the year. However, market acceptance of MITRA was good and we leave 2019 behind us with full orderbooks and a positive business momentum.
Ali Ahmadian, CEO of Heliospectra | +46 (0)72 203 6344 | [email protected]
Heliospectra AB (publ) (OTCQB: HLS, FIRST NORTH: HELIO) is the global leader in intelligent lighting technology, light control systems and related services for greenhouse and controlled plant growth environments. With the vision to make commercial crop production more connected and resource-efficient, Heliospectra integrates customized LED spectral strategies with real-time response and artificial intelligence to create predictable and reliable business forecasts and harvest results. Founded in 2006, Heliospectra is committed to helping growers and commercial producers across six continents consistently increase yields and produce crops with quality appearance, superior nutritional or medicinal value and longer shelf life, harvest after harvest. For more information, please visit https://www.heliospectra.com.
Company HELIO is listed at Nasdaq First North Growth Market with Redeye AB as Certified Adviser: [email protected], +46 (0)8 121 576 90.