Swedish Investment Bank Redeye Releases Company Report on Heliospectra
GOTHENBURG, SWEDEN and SAN FRANCISCO, CA - (NewMediaWire) - January 12, 2016 - Heliospectra AB (publ) (
The Redeye report states, "With an updated product portfolio and strengthened organization, Heliospectra is well positioned to rapidly grow sales in the booming medical plant segment and the greenhouse cultivation segment…. We believe Heliospectra's efforts will pay off and expect sales of SEK 55 million in 2016 and continued strong growth going forward. For 2018, we expect sales to reach 120 million and EBIT to be positive for the first time in the company's history."
Mr. Staffan Hillberg, Heliospectra's CEO, commented, "Our advanced lighting system, patented biofeedback system and superior lamp engineering helps growers in different agricultural sectors grow products efficiently and cost-effectively, in order to help solve the global food security and scarcity challenges. With a world-class management team and the new product additions made during the end of 2015 we are certain that we are looking towards an exciting 2016."
The full company analysis is available for download here: http://www.redeye.se/analys/report/heliospectra-led-lighting-strikes-growers
About Heliospectra AB
Heliospectra AB (publ) (
Heliospectra products are based on in-depth knowledge in plant physiology and photosynthesis along with a unique way to utilize modern LED technology. After six years of development in Sweden, the company has now begun to expand into the international market. The company has raised more than $21 million in capital and has received more than $2.6 million through academic scholarships and grants. It has also received numerous awards for its forward thinking technology. Principal owners: Weland Steel www.welandstal.se, Swedish Industrial Fund www.industrifonden.se, Midroc www.midroc.se, Avanza Pension www.avanza.se.
Forward-Looking Statements
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