Alfen : Full pressure on new CFO: key is to regain investor trust
>Feedback site visit + management Q&A - No surprise probably, but main analyst focus was on the new ad-interim CFO. Yesterday - June 27, a day after the profit warning and the following collapse of the share price by around 50%, Alfen hosted a sell-side analyst tour around its newly upgraded manufacturing sites in Almere (the Netherlands) followed by a Q&A session with management including CEO Marco Roeleveld and CCO Michele Lesh, but with a special focus to get to kn...Alfen NV (Alfen) is a company based in the Netherlands, engaged in the design, development and production of electric grid equipment. The Company is active in three business lines: Smart Grids, which supplies standardized electricity grid connection systems, secondary transformer substations, local power grids, devices for grid automation, as well as software and back-end systems for remote management and grid control; Energy Storage, responsible for development and installation of modular energy storage systems under the brand TheBattery, which are used by utilities, grid operators, energy traders and industrial companies, among others, and Electric Vehicle (EV) Charging, which supplies EV charge points in a variety of capacities and functionalities for use at home, work and in public areas. In addition, Alfen offers service, management and maintenance activities, including remote support and monitoring, as well as an in-house technological know-how center.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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