Alfen publishes Q1 trading update presentation, outlines business unit performance and outlook

GE Aerospace

GE Aerospace

GE

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  • Alfen flagged 2026 Q1 revenue of EUR 129.7 million, up 25% year over year, driven by Energy Storage Systems growth and stronger Smart Grid Solutions project activity.
  • Adjusted gross margin fell to 26.2% from 29.8% due to mix shift toward Energy Storage Systems; adjusted EBITDA margin rose to 6.3% from 5.3%.
  • Segment revenue: Smart Grid Solutions EUR 55.8 million, up 2.7%; Energy Storage Systems EUR 50.7 million, up 145%; EV Charging EUR 23.3 million, down 19%.
  • Energy Storage Systems gross margin was 21.1% versus 32.5%; EV Charging gross margin held at 39.9% versus 39%.
  • Guidance reiterated for 2026 revenue of EUR 435 million to EUR 475 million, adjusted EBITDA margin of 4% to 7%, capex below 4% of revenue; Energy Storage Systems Q2 revenue expected to be in line with Q1.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alfen NV published the original content used to generate this news brief on May 12, 2026, and is solely responsible for the information contained therein.