Short term outlook
Kempower anticipates continued good demand and favorable market development for the products it offers. As the company have successfully expanded footprint outside the Nordic region, it does not expect material seasonality in the quarterly revenue. Kempower will continue to expand its business in Europe according to its strategic growth targets. In 2022, Kempower is also exploring different options for expansion into the North American market, in order to meet its goal of having established operations in the United States by the end of the year 2023.