Fastned : Doubling station roll-out pace in anticipation of EV sales recovery
Fastned is one of the leading fast-charging network operators in Europe and it is currently accelerating its station expansion pace from 50 to 100 per annum. Because of slower-than-usual growth in the Dutch and German EV fleet, but higher-than-expected grid fees and expansion costs, we today lower our earnings expectations. We believe the company would benefit from right-sizing its own guidance metrics for the coming years as soon as possible and also make clear that the equity r...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.
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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