Bryan Garnier - Fastned (FAST) Fastned: ready to shift up a gear

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Bryan Garnier

Paul de Froment ...

Sebastián Marroquin Mérida
Thomas Mordelle

Fastned: ready to shift up a gear

Fastned has published its Q1 2024 key metrics and adjusted FY24 guidance for the number of operating stations this morning. Q1 sales came in at EUR18.9m (+42% YoY), leaving an implied annual run-rate of at least EUR76m (vs cons. at EUR104m for FY24 and BGe EUR106m). Fastned posted a gross margin of

16/04/2024 1 EN

Underlying

Fastned

Fastned 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.

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NL0013654809 Euronext Amsterdam Netherlands

Provider

Bryan Garnier

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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Analysts

Paul de Froment

Sebastián Marroquin Mérida

Thomas Mordelle

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Fastned/Slowdown in charging demand/HOLD

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Paul de Froment ... (+3)

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Waga Energy: Setting itself for profitable growth

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Fastned: ready to shift up a gear

Fastned/Slowdown in charging demand/HOLD

ODDO BHF Small & MIDCAP MORNING NEWS - 04/17/2024 Date Performance since listing Date Performance since listing

ODDO BHF Small & MIDCAP MORNING NEWS - 17/04/2024 Date Performance depuis l’entrée Date Performance depuis l’entrée

Nemetschek - SaaS momentum accelerates in Q1 2024

Waga Energy: Setting itself for profitable growth

Exclusive Networks: Q1 growth dampened by high comps as expected

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