OB:NELElectrical
Nel (OB:NEL): Revenue Forecast to Grow 14.9% Annually, Unprofitability Persists Ahead of Earnings
Nel (OB:NEL) remains unprofitable, with losses increasing at an annual rate of 17.3% over the last five years and no visible improvement in net profit margin. Revenue, however, is forecast to grow by 14.9% per year, significantly ahead of the Norwegian market's 2.8% pace. Shares have struggled for direction recently, with the stock price showing little stability over the past three months as investors weigh strong projected revenue growth against ongoing losses and a relatively high...