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Zaptec AS — Earnings Release 2021
Apr 7, 2021
3796_rns_2021-04-07_4f714fa8-fef3-4912-84b0-8c7ebd33488c.html
Earnings Release
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Zaptec delivers continued growth in Q1-2021
Zaptec delivers continued growth in Q1-2021
Zaptec’s turnover was 73 MNOK in the first quarter which is an increase of 62% compared to the first quarter of 2020.
The growth continues internationally and the export share in the first quarter of 2021 was 38% compared to 19% for the same period of 2020.
From the second quarter, Zaptec will start deliveries of the new home charger Zaptec Go and expects continued strong growth into the second quarter.
Despite substantial expenses related to the international expansion and promotion of Zaptec Go is the profitability in the first quarter of 2021 improved compared to the first quarter of 2020.
For more information:
Anders Thingbø, CEO, Zaptec AS
Tel: +47 934 88 385, e-mail: [email protected]
Kurt Østrem, CFO, Zaptec AS
Tel: +47 404 04 700, e-mail: [email protected]
About Zaptec:
Zaptec AS is a technology company within Electronic 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, Charge365 payment services, Charging columns, Zaptec Portal, and Zaptec APM. The company accelerates the electrification of the transport sector to assist European countries in reducing CO2 emissions from light-duty cars.