Renewcell posted revenue surge in Q2, but still reported a net loss

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Swedish textile-to-textile recycling innovator Renewcell increased net sales to 84.8 million Swedish kronor (€7.1m) in the second quarter, up from 29.7 million Swedish kronor (€2.5m) in the first quarter of 2023. The company still reported a net loss for the period, although this improved from 125.4 million Swedish kronor (€10.5m) ...

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