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    PODP   GB00BNDRD100

POD POINT GROUP HOLDINGS PLC

(PODP)
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Pod Point Wins UK EV-Charger Supplier Contract With Mercedes-Benz

11/25/2021 | 11:41am EST

By Joe Hoppe

Pod Point Group Holdings PLC said Thursday that it has signed a partnership with Daimler AG's Mercedes-Benz to be its preferred supplier of domestic electric car charging points to U.K. customers, for two years.

The U.K. electric-vehicle-charger provider, which began trading on the London Stock Exchange on Nov. 4, said it will be referred to U.K. customers at the time of their electric vehicle purchase.

"As well as allowing for a more sustainable future, electric vehicles are opening up new avenues for bolder and more progressive designs and we're excited about the electrified vehicles Mercedes-Benz will bring to market in the coming months. This underpins our confidence in our longer term growth ambitions," Chief Executive Erik Fairbairn said.

Shares at 1618 GMT were up 12.0 pence, or 4.9%, at 256.0 pence.

Write to Joe Hoppe at joseph.hoppe@wsj.com

(END) Dow Jones Newswires

11-25-21 1141ET

Stocks mentioned in the article
ChangeLast1st jan.
DAIMLER AG -1.73% 71.93 Delayed Quote.6.42%
POD POINT GROUP HOLDINGS PLC 0.83% 244 Delayed Quote.-11.27%
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Analyst Recommendations on POD POINT GROUP HOLDINGS PLC
More recommendations
Financials
Sales 2021 62,6 M 84,9 M 84,9 M
Net income 2021 -15,4 M -20,8 M -20,8 M
Net cash 2021 79,5 M 108 M 108 M
P/E ratio 2021 -24,3x
Yield 2021 -
Capitalization 376 M 509 M 509 M
EV / Sales 2021 4,73x
EV / Sales 2022 3,73x
Nbr of Employees 300
Free-Float -
Chart POD POINT GROUP HOLDINGS PLC
Duration : Period :
Pod Point Group Holdings Plc Technical Analysis Chart | PODP | GB00BNDRD100 | MarketScreener
Technical analysis trends POD POINT GROUP HOLDINGS PLC
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Last Close Price 244,00 GBX
Average target price 361,67 GBX
Spread / Average Target 48,2%
EPS Revisions
Managers and Directors
David Erik Fairbairn Chief Executive Officer & Director
David William Surtees Chief Financial Officer & Director
Gareth Davis Chairman
Erika Schraner Independent Non-Executive Director
Margaret Mary Amos Independent Non-Executive Director
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