Fastned shares lose ground after lowered 2025 guidance
16/01/2025 08:37
** Shares in Fastned FASTN.AS lose as much as 11.1% after the
Dutch fast charging company lowered its 2025 outlook across
several metrics and posted muted Q4 results
** Among those, it cuts 2025 operational EBITDA margin
target to 35-40% from more than 40% previously expected
** ING analysts say the update is "rather negative", with
lower than expected charging volumes in Q4 and the guidance
downgrade
** KBC Securities says the lower margin guidance results
from lowered expectations in new stations by the end of 2025,
down to 400-420 from 420-450
** As of 0822 GMT, the shares are down 9.8%
(Reporting by Jakob Van Calster)
((mailto:Jakob.vancalster@thomsonreuters.com))