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Alfen N : 23H1 results -Today at 01:18 am

Alfen N : 23H1 results -Today at 01:18 am
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

United-kingdom , Netherlands , Germany , Alfen-elkamo , Marco-roeleveld , Energy-storage-systems-damsluisweg , Energy-storage , Energy-storage-systems , Ev-charging-equipment-to-energy-storage-systems , Smart-grid-solutions , Capital-markets-day , Smart-grids

Alfen N : Partners with Ellevio to Deliver Sweden's Largest Grid-Scale Battery

Swedish energy company Ellevio is expanding its scope to help industries and businesses become fossil-free through electrification. Its first project - Sweden's largest grid-scale... | August 30, 2022

Sweden , Finland , Finnish , Swedish , Svenska-kraftn , Stephanie-schockaert , Alfen-elkamo , Alfen-energy-storage , Business-development-at-ellevio , Thebattery-elements , Sales-director , Energy-storage

Alfen scoops 10MW Swedish battery order

Alfen scoops 10MW Swedish battery order
renews.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from renews.biz Daily Mail and Mail on Sunday newspapers.

Sweden , Finland , Finnish , Swedish , Stephanie-schockaert , Alfen-elkamo , Alfen-energy-storage , Thebattery-elements , Sales-director , Energy-storage , Fast-frequency-reserve ,

Alfen partners with Ellevio to deliver Sweden's largest grid scale battery

Ellevio’s first project, Sweden’s largest grid scale battery, includes Alfen’s 10 MW modular energy storage system, TheBattery Elements.

Sweden , Finland , Finnish , Swedish , Svenska-kraftn , Stephanie-schockaert , Alfen-elkamo , Alfen-energy-storage-division , Business-development-at-ellevio , Sales-director , Energy-storage , Thebattery-elements

Alfen NV (via Public) / Alfen: driving profitable growth forward in a challenging 2020


12.9%
Revenuesand other income increased by 32% from €143.2m in 2019 to €189.0m in 2020, driven by growth across all business lines: Smart grids (+14%), EV charging (+105%) and Energy storage (+26%). Alfen continued to drive its strategy and benefitted from market growth, further internationalisation, cross-selling and service.
Gross marginwas 36.7% in 2020 compared with 35.1% in 2019. Alfen benefitted from its strong market position, further leverage from increased scale, a shift towards increasingly complex solutions and favourable product mix effects within each business line.
Personnel costsincreased by 27% to €34.4m compared with €27.2m in 2019. Average FTEs increased from 464 in 2019 to 571 in 2020.
Other operating costsincreased by 21% to €11.1m compared with €9.2m in 2019.

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Alfen: driving profitable growth forward in a challenging 2020


Published on 17 February 2021, 7:30 CET
FY 2020 revenues of €189.0m, a growth of 32% compared with FY 2019 (€143.2m), driven by growth across all business lines: Smart grids (+14%), EV charging (+105%) and Energy storage (+26%).
Adjusted EBITDA of €24.4m (12.9% of revenues), up 68%versus €14.5m (10.1% of revenues) in 2019.
Adjusted net profit grew with 102% to €12.5mversus €6.2m in 2019.
Important new project and client wins, amongst which:
a 3-year framework agreement with PerPetum Energy for the supply of transformer substations for their renewable energy projects in the Netherlands;
a 3-year framework agreement with British Gas, UK's largest energy supplier, to supply EV chargers for its own business and also for customers of its parent Centrica; and

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