Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Netherlands
  4. Euronext Amsterdam
  5. Alfen N.V.
  6. News
  7. Summary
    ALFEN   NL0012817175

ALFEN N.V.

(ALFEN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Alfen N : Alfen awarded with multi-year framework agreement to supply substations to Liander

11/26/2021 | 04:20am EST

P R E S S R E L E A S E

Published on 26 November 2021, 8:00 CET

Alfen awarded with multi-year framework agreement to supply substations to Liander

Liander, the largest grid operator in the Netherlands, and Alfen, specialist in energy solutions for the future, today announce that Alfen has been awarded a framework agreement for the supply of prefab secondary substations to Lian- der. This is a continuation of a decades-long relationship between Liander and Alfen of offering smart and reliable grid solutions. The agreement will have an initial term of four years and can be extended with four additional years.

The energy transition requires significant grid expansion and reinforcements in order to accommodate the growing production and consumption of electricity. For instance, to integrate the growing number of renewables, such as solar and wind, and to enable charging of electric vehicles which are rapidly increasing in numbers. With the agreement, Liander is able to further prepare the grid for the future and Alfen will be supplying the majority of the required secondary substations under Liander's dual source philosophy.

Especially for the contract, Alfen developed an innovative new variant of its industry-leading Pacto range. The new compact substation has a small footprint and has been optimised for Liander's desired configurations.

Marco Roeleveld, Chief Executive Officer of Alfen, comments: "We are proud to continue our constructive collaboration and to further build our decades-long relationship with the Alliander group. A trusted relationship under which we have not only been supplying our smart grid solutions over the past decades but also our EV charge points. The extension of our contract for the supply of substations is a great testimony to our strong focus on delivering high quality solutions that facilitate the future needs of the electricity grid."

1

Marlies Visser, Chief Operations Officer of Alliander, adds: "The rapidly evolving energy transition is posing great chal- lenges. With Alfen we have a partner that can contribute to overcome these challenges. We look forward to continue our close cooperation in the years to come as we prepare the grid for the future."

About Alfen

Netherlands-based Alfen is operating internationally in the heart of the energy transition, as a specialist in energy solutions for the future. With over 80-years' history, Alfen has a unique combination of activities. Alfen designs, develops and produces smart grids, energy storage systems, and electric vehicle charging equipment and combines these in integrated solutions to address the electricity challenges of its clients. Alfen has market leading positions in the Neth- erlands and experiences fast international growth benefiting from its first mover advantage.

For further information see: www.alfen.com

About Alliander

Alliander is an energy network company. We transport gas and electricity to more than three million consumers and businesses in the Netherlands each day, and are committed to providing a reliable, affordable, accessible and sustainable energy supply, both now and in the future.

Alliander consists of a group of companies employing over 7,000 people in total. Grid operator Liander is one of these companies.

For further information see: www.alliander.nl

For enquiries, please contact:

Alfen

Mr. Adriaan van Tets, Director Strategy and Investor Relations, phone +31 (0) 36 549 34 00, email press@alfen.com

Alliander

Alliander spokesmen

T: 088 - 191 200 2

E: woordvoering@alliander.com

2

Disclaimer

Alfen NV published this content on 26 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 November 2021 09:19:06 UTC.


ę Publicnow 2021
All news about ALFEN N.V.
2021ALFEN N : Alfen awarded with multi-year framework agreement to supply substations to Liand..
PU
2021ALFEN N : awarded with multi-year framework agreement to supply substations to Liander
PU
2021ALFEN N.V. : Crossing thresholds
CO
2021Alfen Webcast 2021 Q3 Trading Update
PU
2021ALFEN Q3 2021 : revenue growth of 21% and EBITDA 16.0% of revenues
PU
2021Alfen Press Release 2021 Q3 Trading Update
PU
2021ALFEN N.V. : 3rd quarter results
CO
2021New purchases in the Investor Europe portfolio
2021ALFEN N.V. : Crossing thresholds
CO
2021GLOBAL MARKETS LIVE : Nvidia, Microsoft, Dell, Apple, Uber...
More news
Financials
Sales 2021 244 M 273 M 273 M
Net income 2021 19,3 M 21,7 M 21,7 M
Net cash 2021 39,8 M 44,7 M 44,7 M
P/E ratio 2021 70,6x
Yield 2021 -
Capitalization 1 379 M 1 556 M 1 547 M
EV / Sales 2021 5,50x
EV / Sales 2022 4,32x
Nbr of Employees 621
Free-Float -
Chart ALFEN N.V.
Duration : Period :
Alfen N.V. Technical Analysis Chart | ALFEN | NL0012817175 | MarketScreener
Technical analysis trends ALFEN N.V.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Last Close Price 63,55 €
Average target price 88,75 €
Spread / Average Target 39,7%
EPS Revisions
Managers and Directors
Marco Roeleveld Chief Executive Officer & Chief Operating Officer
Jeroen van Rossen Chief Financial Officer
Henk ten Hove Chairman-Supervisory Board
Eline M. Oudenbroek Independent Member-Supervisory Board
Willem Ackermans Independent Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
ALFEN N.V.-27.99%1 556
ABB LTD-7.68%68 356
OTIS WORLDWIDE CORPORATION-4.71%35 243
KONE OYJ-10.66%32 907
SCHINDLER HOLDING AG-9.90%25 846
ZHUZHOU CRRC TIMES ELECTRIC CO., LTD.-6.98%11 914