Report
Paul de Froment ...
  • Thomas Mordelle

Right on track

Fastned published its Q4 2023 key metrics and confirmed FY24 guidance in a number of operating stations this morning. Q4 sales came in at EUR19.2m, pointing to EUR60.5m for FY23 (-2% vs cons. and BGe EUR62m). Fastned posted a gross margin of 74% in Q4 (75% for FY23, +1ppt vs cons. +5ppt vs BGe), dr
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.

Provider
Bryan Garnier
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.

Analysts
Paul de Froment

Thomas Mordelle

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