ALMERE, THE NETHERLANDS – Alfen N.V. (Euronext: ALFEN), specialist in energy solutions for the future, will be included in the AScX Index on Euronext Amsterdam, effective September 24, 2018. This was announced by Euronext yesterday, following its quarterly review, based on free-float adjusted market capitalisation and liquidity.
“We are proud that Alfen will be included in the AScX Index so soon after our initial public listing on Euronext in Amsterdam. This is an important milestone for our company and further increases our visibility in the market. We believe that we are well-positioned for further growth, benefitting from our unique position in the heart of the energy transition.” said Marco Roeleveld, CEO of Alfen.
The AScX, derived from Amsterdam Small Cap Index, is a free-float market capitalisation weighted index composed of 25 Dutch funds that are listed on Euronext Amsterdam. Eligible companies that fulfil the velocity and free float requirements are ranked based on size.
Alfen was listed on Euronext Amsterdam on 22 March 2018.
Netherlands-based Alfen is operating internationally in the heart of the energy transition, as a specialist in energy solutions for the future. With its 80-years’ history, Alfen has a unique combination of activities. Alfen designs, develops and produces smart grids, energy storage systems, and electric vehicle charging equipment and combines these in integrated solutions to address the electricity challenges of its clients. In the period between 2015 and 2017 Alfen grew its revenues with 21% on average with a positive net profit. Alfen has market leading positions in the Netherlands and experiences fast international growth benefitting from its first mover advantage. For further information see Alfen’s website at: www.alfen.com .