Alfen Nv · EURONEXT:ALFEN
Alfen Nv — Q3 2021 Earnings Presentation
9 slides from Alfen Nv's earnings presentation, Nov 11, 2021
Slide 1: Alfen 2021 Q3 trading update
Alfen 2021 Q3 trading update Webcast 11 November 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: Highlights
Highlights Q3 2021 revenues of €60.6m, a 21% growth versus Q3 2020 (€49.9m) Gross margin at 36.9%, slightly lower compared to 37.2% in Q3 2020, but an increase of 50bps compared to 36.4% over the first half-year of 2021 Adjusted EBITDA of €9.7m (16.0% of revenues), a 28% growth compared with Q3 2020
Slide 4: Segmental review | Smart grid solutions
Segmental review | Smart grid solutions Revenues and other income (€ million) +1% 32.8 33.2 • In the Smart grid solutions business line, Q3 revenues were €33.2m (+1% from €32.8m in Q3 2020). • Alfen continued to supply transformer substations to grid operators and smart grid solutions to, for instan
Slide 5: Segmental review | EV charging equipment
Segmental review | EV charging equipment Revenues and other income (€ million) • In the EV charging equipment business line, Q3 revenues more than doubled to €25.2m +123% (+123% from €11.3m in Q3 2020). 25.2 • Alfen benefitted from its strong international market position as the penetration of Elect
Slide 6: Segmental review | Energy storage systems
Segmental review | Energy storage systems Revenues and other income (€ million) -62% 5.8 • In the Energy storage systems business line, Q3 revenues were €2.2m (-62% from €5.8m in Q3 2020). • The decrease in revenues is a result of COVID-19 headwinds in 2020 combined with ongoing decision-making dela
Slide 7: Group financials
Group financials Revenues Y-o-y revenue growth (€ million) (%) • Q3 2021 revenues have grown with 21% to 61.5 60.6 46% €60.6m versus €49.9m in Q3 2020. 49.9 53.8 48.8 33% 22% 21% • Gross margin in Q3 2021 was 36.9%. Although this was slightly lower than the 37.2% gross 3% margin in Q3 2020, it incre
Slide 8: Outlook
Outlook Alfen still expects supply chain Alfen continues to anticipate strong Alfen reconfirms its 2021 full-year pressure to continue from Q4 well market developments for all its revenue guidance of €225-250m. into 2022. This may result in some business lines and as such, adverse impact. continues
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