Quarterly figures

Higher revenue for charging station maker Alfen, but sales of charging systems fall

De groei van Alfen werd vooral gestuwd door meer verkopen van opslagsystemen voor elektriciteit en slimme elektriciteitsnetten. Foto: Shutterstock

Alfen, a producer of charging stations and other grid systems, achieved sales of 129.7 million euros last quarter, 25 per cent more than in the same period last year. ANP reports.

The growth of the Almere-based listed company was mainly driven by more sales of electricity storage systems and smart electricity grids. However, sales of charging systems for electric cars went down further.

Top executive Michael Colijn, who was appointed ceo last year, speaks of solid growth. Revenue was 129.7 million euros, 25 per cent higher than in the same period last year. Profit from normal business activities went up by almost half to 8.2 million euros.

Large-scale battery systems

In the electricity storage systems division, turnover rose by almost 145 per cent to 50.7 million euros. This growth is mainly related to the completion of two large projects processed in this quarter. These are large-scale battery systems that support solar and wind farms, among others, and contribute to grid stability, especially in areas with limited grid capacity. The size of these installations ranges from about an Olympic-size swimming pool to sometimes two football fields.

Sales of electric car charging systems fell 19 per cent last quarter to EUR 23.3 million. The company has long suffered from increasing competition in the market for home chargers for electric cars. Fewer charging stations were also installed in the public segment. Nevertheless, Colijn expects this business unit to show growth again by 2027.

The top executive announced a transformation of the company earlier this year, aimed at “profitable growth and geographical expansion”. Alfen then saw structural demand for new energy infrastructure and wants to take advantage of those opportunities. Colijn on Tuesday reiterated his expectation that sales this year will be between 435 million and 475 million euros.

In early 2026, Alfen presented figures for 2025. These showed that the company recorded lower sales in 2025 than a year earlier. Also, like the year before, Alfen made a loss.

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This article was automatically translated from the Dutch language original to English (British).

Author: Nina Koelewijn

Source: MobilityEnergy.com