Fastned jumps as half-year sales nearly triple

Fastned BV

11/08/2022 08:26

** Shares in Fastned  FASTN.AS  rise by about 10% after the
Dutch EV charging stations company nearly tripled its half-year
sales  urn:newsml:reuters.com:*:nFWN2ZN167
    ** The shares are on track for their best day since May 2021
    ** H1 revenue related to charging grew by 188% from last
year to 12.6 million euros ($13.0 million), while operational
EBITDA increased by 298% 
    ** The company also says it will reconsider its pricing on a
monthly basis, due to energy market volatility
    ** "By 2030, we expect that almost all new vehicles sold in
our main markets will be electric," Fastned adds
    ** The stock has dropped by about 28% YTD​
    
($1 = 0.9719 euros)

 (Reporting by Olivier Sorgho)
 ((Olivier.Sorgho@thomsonreuters.com))