Brief: Fastned Q1 Sales Up 159% YoY

Fastned BV

12/04/2022 06:59

April 12 (Reuters) - Fastned BV  FASTN.AS :
    * FASTNED SALES UP 159% IN FIRST QUARTER OF 2022
    * IN 2022, FASTNED EXPECTS TO BUILD AT LEAST 65 STATIONS
ACROSS
ITS MARKETS AND ACCELERATE GROWTH OF ITS NETWORK BY ALMOST 50%
COMPARED TO 2021
    * INCREASED Q1 REVENUE RELATED TO CHARGING TO €5.7 MILLION
(+186%
VERSUS. Q1 2021)
    * FASTNED EXPECTS TO INCREASE CHARGING CAPACITY AT EXISTING
STATIONS BY INSTALLING AROUND 190 ADDITIONAL CHARGERS, MAINLY
ACROSS NETHERLANDS AND GERMANY
    * Q1 GREW VOLUME OF RENEWABLE ENERGY DELIVERED TO 9.2 GWH
(+159%
VERSUS. Q1 2021) HANDLED 433K CHARGING SESSIONS (+119% VERSUS.
Q1 2021) FOR 128K ACTIVE CUSTOMERS (+130% VERSUS. Q1 2021)
    * ACQUIRED 25 NEW LOCATIONS, INCLUDING 18 ON SANEF MOTORWAYS
IN
FRANCE, BRINGING THE TOTAL NUMBER OF ACQUIRED LOCATIONS TO 353
    * THE NUMBER OF CHARGERS IS EXPECTED TO INCREASE TO MORE
THAN
1,200 BY YEAR END 2022

Source text for Eikon:  urn:newsml:reuters.com:*:nNDL5kTVh
Further company coverage:  FASTN.AS 

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