Macquarie: Ampol EV Charging Profit Goals Achievable

Macquarie believes Ampol's earnings targets for its A$225 million acquisition of Evie Networks are achievable. Evie Networks operates over 1,030 electric vehicle charging bays in Australia, and Ampol aims for annualized Ebitda of A$30 million from combining Evie with its existing AmpCharge business.