Alfen Shares Rise 23% Following Jefferies Upgrade and Positive Growth Forecast

Alfen N.V. experienced a 23% stock increase following an upgrade from Jefferies, which noted the company's advantageous position in the energy transition market. Smart Grids Solutions, projected to contribute 43% of revenues by fiscal 2025, is expected to benefit from increased installations of substations due to the Dutch Crisis Act, which should accelerate permitting processes with a forecasted 13% annual growth until fiscal 2028.

Alfen's Energy Storage Solutions reported a 145% revenue growth, with order intake up nearly 60%. EBITDA estimates for fiscal 2026-2028 have been raised by Jefferies by 9%-27%, indicating strong growth potential. Alfen forecasts stable revenues and profitability in fiscal 2026, with a return to profitable growth from fiscal 2027 and a projected doubling of EBITDA margins by fiscal 2030.