NHOA: Commercial and operational update







Photo credit © ChaunuPictures

(Boursier.com) — The NHOA Group publishes the unaudited Commercial and Operational Update as of September 30, 2023, containing the performance indicators which have been updated in order to give more granularity to the financial position of the Company.

“During the first 9 months of 2023, we continued our record growth across all our business lines. At Group level, we more than doubled our turnover year-on-year, reaching €194 million. euros and offering clear visibility on our financial objectives for the year 2023, namely a turnover of between 250 to 280 million euros and a break-even EBITDA at Group level (excluding ‘Atlantean).
From a financial point of view, thanks to the success of the capital increase and the improvement in our solvency, we now have more than 430 million euros of liquidity and available credit lines, representing the necessary financing to support our future growth and optimize our capital structure” commented Carlalberto Guglielminotti, CEO of the NHOA Group.

NHOA Energy has reached a turnover of over €150 million and now has over 530MWh of capacity online across four continents, with over 1.1GWh under construction;
Free2move eSolutions confirmed its growth potential with more than 40 million euros in turnover, including 28 million euros in just 3 months, marking the best quarter in the history of our joint venture with Stellantis ;
Atlante, at the end of September, had more than 3,500 charging points online or under construction, with more than 1,400 already operational and serving customers in Southern Europe.


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