Brief: Fastned FY Operational EBITDA Up By 171% To 2.4 Million Euros

Fastned BV

29/03/2022 06:48

March 29 (Reuters) - Fastned BV  FASTN.AS :
    * FASTNED DOUBLES CHARGING REVENUE IN 2021 AS IT REACHES A
RECORD
ONE MILLION CHARGING SESSIONS
    * INCREASED REVENUE RELATED TO CHARGING BY 98% TO €12.4
MILLION IN
2021
    * REACHED ONE MILLION CHARGES IN 2021 AS SHIFT TO ELECTRIC
VEHICLES ACCELERATES
    * RAISED 150 MILLION EURO EQUITY TO ACCELERATE GROWTH; CASH
POSITION OF  €128.6 MILLION
    * FY OPERATIONAL EBITDA1 INCREASED BY 171% TO €2.4 MILLION
    * REPORTED A TOTAL NET LOSS OF €24.6 MILLION IN 2021
    * FASTNED EXPANDED ITS FAST CHARGING NETWORK BY OPENING 57
NEW
LARGE AND SCALABLE FAST CHARGING STATIONS IN 2021
    * BY THE END OF 2021, A TOTAL OF 188 STATIONS WERE IN
OPERATION
ACROSS FASTNED'S NETWORK, 44% MORE THAN A YEAR EARLIER
    * SO FAR, FASTNED HAS BEEN ABLE TO MITIGATE AND MANAGE
CHALLENGES
IN SUPPLY CHAIN, SUPPORTED BY LONG-STANDING RELATIONSHIPS WITH
SUPPLIERS AND A RESILIENT SUPPLY CHAIN
    * ENERGY MARKETS REMAINED VOLATILE IN THE LAST QUARTER OF
2021,
DRIVING UP ENERGY PROCUREMENT COSTS SIGNIFICANTLY. IN RESPONSE,
FASTNED RAISED PRICES IN MOST COUNTRIES FOR THE FIRST TIME IN
FIVE YEARS

Source text for Eikon:  urn:newsml:reuters.com:*:nNDLbc9TvQ
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