Fastned turnover stable despite corona crisis

Fastned’s turnover remained stable in 2020 despite the corona crisis. This is mainly due to the last quarter, when there was 14 percent more turnover than in the period a year earlier.

Revenue from more than 194,000 fast charging sessions in the fourth quarter amounted to € 1.9 million. An important stimulus was the fact that the customer base grew significantly. Fastned had 53,309 active customers in the past period, an increase of 25 percent compared to the same quarter a year earlier. “As a result of the first lockdown measures, we saw our sales decline to 70 percent in March. Since then, volumes have been recovering, driven by strong underlying market growth. In the fourth quarter of 2020, we managed to boost sales before corona. outperform, despite the strong lockdown measures in all our markets, “said CEO Michiel Langezaal.

Eight new fast charging stations were put into operation in the last quarter of 2020. The company now has 131 locations across five countries, including the Netherlands. In the course of this year, the first Fastned fast chargers must also be installed in France.

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