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    VALOE   FI0009006951

VALOE OYJ

(VALOE)
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Valoe Oyj : and Sono Motors Signed approx. EUR 2.2 Million Co-Operation Agreement

04/19/2021 | 02:55am EDT

Valoe Corporation        Inside Information         19 April 2021 at 09.55 (Finnish time)

Valoe Corporation and Sono Motors GmbH have signed about EUR 2.2 million co-operation agreement related to engineering and concept validation project for utilising solar energy in Sono Motors’ vehicles.

The co-operation project commences immediately and lasts about 12 months. Valoe will now hire new employees for various development and manufacturing tasks at its Juva factory.

In Mikkeli on 19 April 2021

Valoe Corporation

BOARD OF DIRECTORS

For more information:
CEO Iikka Savisalo, Valoe Corporation
Tel. +358 40 5216082
email: iikka.savisalo@valoe.com

Distribution:
Nasdaq Helsinki Oy
Main media
www.valoe.com

Valoe Corporation specializes in the clean energy, especially in photovoltaic solutions. Valoe provides automated production technology for solar modules based on the company’s own technology; production lines for modules; solar modules and special components for solar modules. Valoe's head office is located in Mikkeli, Finland.

 


© OMX, source GlobeNewswire - EU Press Releases

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Financials
Sales 2020 1,62 M 1,92 M 1,92 M
Net income 2020 -4,92 M -5,83 M -5,83 M
Net Debt 2020 14,0 M 16,6 M 16,6 M
P/E ratio 2020 -2,13x
Yield 2020 -
Capitalization 34,5 M 40,8 M 40,8 M
EV / Sales 2019 74,2x
EV / Sales 2020 17,8x
Nbr of Employees -
Free-Float 56,3%
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Managers and Directors
Iikka Tuomas Savisalo President, Chief Executive Officer & Director
Seija Kurki Chief Financial Officer & Head-Accounting
Hannu Antero Savisalo Chairman
Tuukka Johannes Savisalo Chief Technology Officer, Head-R&D
Ville Parpola Vice Chairman
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