Alfen Nv · EURONEXT:ALFEN
Alfen Nv — Q1 2020 Earnings Presentation
11 slides from Alfen Nv's earnings presentation, May 6, 2020
Slide 1: Alfen 2020 Q1 trading update
Alfen 2020 Q1 trading update Webcast 6 May 2020 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, expec
Slide 3: COVID-19 update (1/2)
COVID-19 update (1/2) • Our number one priority is to keep our employees, our suppliers and customers safe. As such, we have put measures in place to optimally safeguard the health and safety of all of us. This is key to ensure we continue to operate and serve our customers • We are following the gu
Slide 4: COVID-19 update (2/2)
COVID-19 update (2/2) • We cannot give any further guidance at the moment due to the current stage of the COVID-19 crisis. These are uncertain times and the personal and economic impact on society is enormous, and makes the near future increasingly unpredictable • A key consideration for Alfen is th
Slide 5: Highlights
Highlights Q1 2020 revenues of €44.1m, a growth of 58% versus Q1 2019 (€28.0m), driven by all business lines (Smart grids up 25%, EV charging up 194%, Energy storage up 144%) Gross margin at 34.8%, compared with 36.2% in Q1 2019 (and 33.8% in Q4 2019) Adjusted EBITDA of €4.6m (10.4% of revenues), a
Slide 6: Segmental review | Smart grid solutions
Segmental review | Smart grid solutions Revenues and other income • Alfen continued to benefit from grid investments, projects in the solar PV sector and (€ million) revenues from service. In addition, Alfen’s ability to integrate products from all its business lines in the grid is increasingly beco
Slide 7: Segmental review | EV charging equipment
Segmental review | EV charging equipment Revenues and other income • The increase is driven by a growing market for electric vehicles, increasing volumes under framework agreements that have been set-up over the past years, new client wins and further (€ million) internationalisation. Especially our
Slide 8: Segmental review | Energy storage systems
Segmental review | Energy storage systems Revenues and other income • The first half of 2019 was characterised by challenging market circumstances for energy (€ million) storage. However, the last months of 2019 and first quarter of 2020 have shown a significant pick-up in the demand for energy stor
Slide 9: Group financials
Group financials Revenues Y-o-y revenue growth • Revenues in Q1 2020 of €44.1m, 58% higher (€ million) 47.3 (%) Inorganic compared with Q1 2019 with revenues of €28.0m 44.1 59% (Elkamo) 58% 33.6 34.3 • Gross margin in Q1 2020 of 34.8% (slightly up from 28.0 41% 22% 38% 29% 33.8% in Q4 2019), compare
Slide 10: Outlook
Outlook • We cannot give any further guidance at the moment due to the current stage of the COVID-19 crisis. These are uncertain times and the personal and economic impact on society is enormous, and makes the near future increasingly unpredictable. We continue to monitor the situation closely and a
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