Fastned: impressive gross margin in Q3
Fastned has published its Q3 2024 key metrics and reiterated FY24 guidance this morning. Q3 sales came in at EUR21.9m (+44% YoY), implying 9M revenue of EUR59.7m and an annual run-rate of EUR87.6m (vs cons. at EUR88.0m). Fastned posted a gross margin of 83% (+8ppt vs Q3 2023 at 75%, and cons. expecFastned BV is a company based in the Netherlands that owns and develops charging stations. The Company offers charging solutions to electric transportation through solar and wind energy. It serves customers in Europe.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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