Overview

• The French energy giant already held a 53% stake in Pod Point before launching the offer for the remaining shares.
• Pod Point issued a profit warning in January and suspended its shares in April after uncovering £4.4 million in bad debts dating from 2020 to 2024.
• Its revenue fell 17% to £52.9 million in 2024 while adjusted losses before interest, tax, depreciation and amortisation widened to £20.7 million.
• The company operates over 250,000 charging points across the UK and has expanded partnerships with retailers and carmakers such as Tesco and Jaguar Land Rover.
• Rising interest rates and a government decision to delay the petrol and diesel car ban have dampened consumer demand for electric vehicles.