Sandnes, Norway - 21st of August 2024 - Zaptec announces a quarter marked by
remarkable achievements across Europe. The company's Q2 2024 results highlight
strong financial performance, with significantly improved earnings in a
demanding market, alongside several key agreements that support its ongoing
European expansion.
Kurt Østrem, Zaptec's CEO, says: "This defining quarter has been marked by the
announcement of the Zaptec Go 2, our latest innovation in EV charging
technology, providing high-quality, safe, and accessible charging solutions.
Most importantly, Zaptec now operates in 18 of Europe's 20 largest EV markets,
underscoring our solid growth and dedication to serving the diverse needs of EV
owners across the continent."
In June, the Swedish electric performance car brand Polestar positioned Zaptec
as the recommended home charger across Europe.
"Our European partnership with Polestar has significantly boosted our visibility
and market presence, aligning with our vision of providing premium, innovative
charging solutions," says the CEO.
Highlights:
o Quarterly revenue of 341 MNOK
o Continued strong order intake of 342 MNOK
o Order backlog of 456 MNOK
o Gross margin of 38%
o Opex of 98 MNOK
o EBITDA of 34 MNOK
Please refer to the attached Q2 2024 report and presentation for further
details.
For further information, please contact:
Kurt Østrem, CEO, Zaptec ASA Tel: + 47 40 40 47 00, e-mail: kurt@zaptec.com
Eirik Fjellså Hærem, CFO & Deputy CEO, Zaptec ASA Tel: +47 95 72 21 45, e-mail:
efh@zaptec.com
About Zaptec:
Zaptec is a technology company within electric vehicle (EV) charging systems in
Europe. The company develops EV charging systems for multi and single-family
homes and office buildings. The product portfolio enables large number of
charging points at a low cost and includes Zaptec Pro, Zaptec Go, Zaptec Portal,
and Zaptec Sense. The company accelerates the electrification of the transport
sector to assist European countries in reducing CO2 emissions from light-duty
cars.