Allego Appoints Steven Salo As CFO, Effective July 1st, 2024

6/6/24 4:10:24 PM ET

Automotive Aftermarket

Consumer Discretionary

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Seasoned financial executive to bring decades of experience in the industrial sectors to a leading provider of electric vehicle charging solutions

Allego N.V. ("Allego" or the "Company") (NYSE:ALLG), a leading provider of electric vehicle charging solutions, is pleased to announce the appointment of Steven Salo as the Company's new Chief Financial Officer (CFO), effective July 1st, 2024.

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Recent Analyst Ratings for
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Date	Price Target	Rating	Analyst
9/8/2022	$10.00	Buy	Citigroup
4/11/2022	$19.00	Outperform	Cowen

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Allego to Postpone Fourth Quarter and Full Year 2023 Financial Results Conference Call
Allego N.V. ("Allego" or the "Company") (NYSE:ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced it will postpone its fourth quarter and full year 2023 financial results conference call and confirms that it will provide that information in connection with the filing of its Form 20-F on or prior to the April 30, 2024 deadline. Allego had previously announced it would report its financial results before the market opens on April 2, 2024, with a conference call taking place at 8:30 a.m. Eastern Time. About Allego Allego is a leading provider of electric vehicle charging solutions, dedicated to accelerating the transition to electri
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Allego Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results
Allego N.V. ("Allego" or the "Company") (NYSE:ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced it will release the Company's fourth quarter and full year 2023 results on Tuesday, April 2, 2024, followed by a conference call at 8:30 AM ET. Participants may access the call at 1-877-407-9716, international callers may use 1-201-493-6779 and request to join the Allego earnings call. A live webcast will also be available at https://ir.allego.eu/events-publications. A telephonic replay of the call will be available shortly after the conclusion of the call and until Tuesday, April 16, 2024. Participants may access the replay at 1-844-5
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Allego Reports Third Quarter 2023 Results; Steady Growth in Line With Projections for Year
Third quarter 2023 revenue increased 28.2% to €28.6 million, compared to €22.3 million in the prior year period. Third quarter 2023 charging revenue increased 53.0% to €22.0 million, compared to €14.4 million for the three months ended September 30, 2022. Gross profit increased to €5.4 million compared to €(4.6) million in the prior-year-period; gross margin during the quarter was 18.9%. Third quarter 2023 net loss was €(43.1) million, compared to €(22.1) million in the prior-year period; Operational EBITDA was €2.6 million reflecting higher charging revenue and improved charging gross margin compared to the prior-year period loss of €(3.1) million. Allego recently signed two p
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Allego Announces Final Day of Trading and Continued Commitment to Accelerating EV Adoption in Europe
Allego (NYSE:ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced that it has completed the voluntary delisting of its ordinary shares (the "Shares") from the New York Stock Exchange ("NYSE") following the conclusion of the previously announced tender offer by Madeleine Charging B.V., Allego's majority shareholder. Allego filed Form 25 with the U.S. Securities and Exchange Commission ("SEC") on August 12, 2024, relating to the delisting of the Shares in accordance with Rule 12d2-2 declared under the Securities Exchange Act of 1934, as amended. Today, August 22, 2024, is the last trading day of the Shares on the NYSE. As Allego trans
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Allego Secures €20 Million Loan from EBRD to Boost EV Charging Infrastructure in Poland
Allego (NYSE:ALLG), a leading pan-European electric vehicle network, announces the grant of a €20 million loan from the European Bank for Reconstruction and Development (EBRD) as part of the CROSS-E project co-funded by the European Union. This financial support will support Allego's strong development of EV-charging infrastructure inside Poland as part of the company's ongoing Eastern European expansion project. Electric vehicle adoption in Poland, which ranks among the lowest in Europe in terms of EV charging penetration, can only be fostered through a robust and fully functional EV charging infrastructure. This initiative promotes the broad availability of efficient and dependable elec
8/6/24 3:00:00 AM ET
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Allego N.V. Announces Voluntarily Delisting from the New York Stock Exchange
Allego N.V. ("Allego" or the "Company") (NYSE:ALLG), a leading provider of electric vehicle charging solutions, today announced that it has commenced the process to voluntarily delist its ordinary shares (the "Shares") from the New York Stock Exchange ("NYSE") following the completion of the previously announced tender offer by Madeleine Charging B.V., Allego's majority shareholder. The Company intends to file a Form 25 with the U.S. Securities and Exchange Commission ("SEC") on August 12, 2024, relating to the delisting of the Shares, in accordance with Rule 12d2-2 promulgated under the Securities Exchange Act of 1934, as amended, which delisting is expected to take effect ten days there
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Allego Appoints Steven Salo As CFO, Effective July 1st, 2024

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Recent Analyst Ratings for
$ALLG

$ALLG
Leadership Updates

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Allego Appoints Steven Salo as Chief Financial Officer

$ALLG
Financials

Live finance-specific insights

Allego to Postpone Fourth Quarter and Full Year 2023 Financial Results Conference Call

Allego Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results

Allego Reports Third Quarter 2023 Results; Steady Growth in Line With Projections for Year

$ALLG
Large Ownership Changes

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$ALLG
Press Releases

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$ALLG
SEC Filings

SEC Form SC 13D filed by Allego N.V.

SEC Form SC 13G/A filed by Allego N.V. (Amendment)

SEC Form SC 13G filed by Allego N.V.

Allego Announces Final Day of Trading and Continued Commitment to Accelerating EV Adoption in Europe

Allego Secures €20 Million Loan from EBRD to Boost EV Charging Infrastructure in Poland

Allego N.V. Announces Voluntarily Delisting from the New York Stock Exchange

SEC Form 25 filed by Allego N.V.

SEC Form 6-K filed by Allego N.V.

Amendment: SEC Form SC 14D9/A filed by Allego N.V.

$ALLG
Market Insights

Live Market Insights

US Stocks Mixed; Retail Sales Increase 0.1% In May

Nasdaq Surges Over 200 Points; Aaron's Shares Jump

Why Ovid Therapeutics Shares Are Trading Lower By 19%? Here Are Other Stocks Moving In Monday's Mid-Day Session

$ALLG
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Citigroup initiated coverage on Allego Holding B.V. with a new price target

Cowen initiated coverage on Allego Holding B.V. with a new price target

Allego Appoints Steven Salo As CFO, Effective July 1st, 2024

Chat with this insight

Recent Analyst Ratings for $ALLG

$ALLG Leadership Updates

Live Leadership Updates

Allego Appoints Steven Salo as Chief Financial Officer

$ALLG Financials

Live finance-specific insights

Allego to Postpone Fourth Quarter and Full Year 2023 Financial Results Conference Call

Allego Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results

Allego Reports Third Quarter 2023 Results; Steady Growth in Line With Projections for Year

$ALLG Large Ownership Changes

This live feed shows all institutional transactions in real time.

$ALLG Press Releases

Fastest customizable press release news feed in the world

$ALLG SEC Filings

SEC Form SC 13D filed by Allego N.V.

SEC Form SC 13G/A filed by Allego N.V. (Amendment)

SEC Form SC 13G filed by Allego N.V.

Allego Announces Final Day of Trading and Continued Commitment to Accelerating EV Adoption in Europe

Allego Secures €20 Million Loan from EBRD to Boost EV Charging Infrastructure in Poland

Allego N.V. Announces Voluntarily Delisting from the New York Stock Exchange

SEC Form 25 filed by Allego N.V.

SEC Form 6-K filed by Allego N.V.

Amendment: SEC Form SC 14D9/A filed by Allego N.V.

$ALLG Market Insights

Live Market Insights

US Stocks Mixed; Retail Sales Increase 0.1% In May

Nasdaq Surges Over 200 Points; Aaron's Shares Jump

Why Ovid Therapeutics Shares Are Trading Lower By 19%? Here Are Other Stocks Moving In Monday's Mid-Day Session

$ALLG Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Citigroup initiated coverage on Allego Holding B.V. with a new price target

Cowen initiated coverage on Allego Holding B.V. with a new price target

Recent Analyst Ratings for
$ALLG

$ALLG
Leadership Updates

$ALLG
Financials

$ALLG
Large Ownership Changes

$ALLG
Press Releases

$ALLG
SEC Filings

$ALLG
Market Insights

$ALLG
Analyst Ratings