Brief: Fastned H1 Revenue Related To Charging EUR 26.1 Mln

Fastned BV

17/08/2023 06:35

Aug 17 (Reuters) - Fastned BV  FASTN.AS :
    * H1 REVENUE RELATED TO CHARGING EUR 26.1 MILLION
    * CASH AND CASH EQUIVALENTS POSITION IS €132.6 MILLION AT
THE END
OF H1 2023
    * H1 NET PROFIT EUR -10.3 MILLION VERSUS EUR -11.4 MILLION
YEAR
AGO
    * OPERATIONAL EBITDA AND OPERATIONAL EBITDA PER STATION GREW
STRONGLY IN THE FIRST HALF OF 2023: 259% AND 177% RESPECTIVELY
    * H1 EBITDA AT LOSS EUR 0.5 MILLION VERSUS LOSS EUR 3.0
MILLION
YEAR AGO
    * DURING THE REPORTING PERIOD, WE OPENED 28 NEW STATIONS,
EVEN
THOUGH WE  ENCOUNTERED DELAYS IN SOME GRID CONNECTIONS
    * AT THE END OF JUNE, OUR  NETWORK HAD A TOTAL OF 272
STATIONS
ACROSS SIX COUNTRIES, WITH ALMOST 1,500  CHARGERS.
    * WITHOUT CAPACITY EXPANSION, FASTNED'S (LIKE-FORLIKE)
UTILISATION
DURING Q2 2023 WOULD HAVE GROWN TO 14.4%, WHEN COMPARED TO 10.1%
IN Q2 2022

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