Alfen Nv · EURONEXT:ALFEN
Alfen Nv — Q1 2021 Earnings Presentation
10 slides from Alfen Nv's earnings presentation, May 12, 2021
Slide 1: Alfen 2021 Q1 trading update
Alfen 2021 Q1 trading update Webcast 12 May 2021 1
Slide 2: Disclaimer
Disclaimer This communication may include forward-looking statements. All statements other than statements of historical facts may be forward-looking statements. These forward-looking statements may be identified by the use of forward-looking terminology, including the terms such as guidance, expect
Slide 3: COVID-19 update
• Alfen’s number one priority remains the health & safety of its employees and partners. • Up to this point, Alfen has managed to keep its business COVID-19 going. To continue safe and responsible operations, it continues to enforce strict safety measures. update • Alfen expects COVID-19 to still ha
Slide 4: Highlights
Highlights Q1 2021 revenues of €53.8m, a growth of 22% versus Q1 2020 (€44.1m), predominantly driven by Energy storage (+111%) and EV charging (+46%) Gross margin at 36.5% compared with 34.8% in Q1 2020 Adjusted EBITDA of €7.2m (13.3% of revenues), a growth of 56% from Q1 2020 (€4.6m, 10.4% of reven
Slide 5: Segmental review | Smart grid solutions
Segmental review | Smart grid solutions Revenues and other income (€ million) • In the Smart grid solutions business line, Q1 revenues were €27.8m (+1% from €27.6m in +1% Q1 2020). 27.6 27.8 • The moderate revenue growth is driven by a combination of COVID-19 impact and the production ramp-up of a n
Slide 6: Segmental review | EV charging equipment
Segmental review | EV charging equipment Revenues and other income • In the EV charging equipment business line, Q1 revenues were €19.3m (+46% from (€ million) €13.2m in Q1 2020). +46% • Alfen benefitted from the rapidly growing number of electric vehicles which continued to 19.3 drive EV charge poi
Slide 7: Segmental review | Energy storage systems
Segmental review | Energy storage systems Revenues and other income (€ million) +111% • In the Energy storage systems business line, Q1 revenues were €6.8m (+111% from 6.8 €3.2m in Q1 2020). • Alfen benefitted from new contract wins and progress of completion of earlier secured contracts. • Decision
Slide 8: Group financials
Group financials Revenues Y-o-y revenue growth (€ million) (%) 49.9 53.8 58% • Q1 2021 revenues have grown with 22% to 46.2 48.8 44.1 46% 38% €53.8m versus €44.1m in Q1 2020, which was predominantly driven by Energy storage (+111%) 22% and EV charging (+46%). 3% Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 • Gross
Slide 9: Outlook
Outlook • Alfen expects COVID-19 to continue to have some impact on its markets until vaccination schemes successfully get the virus under control and restrictions can be lifted. • At the same time, the transition to a clean, carbon-free energy system is building more and more momentum across Europe
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