Report
Thijs Berkelder

Alfen : More clarity needed on new strategic direction

>Q3 results will be published on 6 November after trading hours - Alfen will publish its 24Q3 results on Wednesday 6 November after trading hours. An analyst call will take place on Thursday 7 November at 9.00h CET hosted by CEO Marco Roeleveld, CFO Onno Krap, and CCO Michele Lesh. Q3 guidance. After H1, Alfen guided for EV Charging revenues in Q3 lower than Q2 (previously sequential rise) and stronger Q4, for Energy Storage Q3 revenues similar as Q1 and a strong...
Underlying
Alfen NV

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Thijs Berkelder

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