Fastned BV (WBO:FSTN)

€ 22 -0.05 (-0.23%) Market Cap: 416.41 Mil Enterprise Value: 430.52 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 37/100

Q2 2023 Fastned BV Earnings Call Transcript

Aug 17, 2023 / 09:00AM GMT

Transcript

Operator

Hello, and welcome to the Fastned first half 2023 financial results. Please note, this call is being recorded. (Operator Instructions)

I will now hand you over to CEO, Michiel Langezaal, to begin today's conference.

Michiel Langezaal

Fastned BV - CEO & Co-Founder

Thanks, operator. I'd like to say welcome to everyone on this call as well as to our webcast viewers. The presentation used during this call is also available on our Investor Relations website, which is ir.fastnedcharging.com.

To start with the title page, this is the station (technical difficulty) on the typical Black Saturday, some crazy summer traffic, there were serious waiting lines at our station. This station was commissioned just before summer started. And already it often appears in the top five rankings with hundreds of visitors each day.

For years, people have asked me how we were planning to make money by looking at the handful of early adopters making use of our stations. So this brings me to the theme of today. For the first time in our history, Fastned

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