PNE WIND AG Increases its EBIT Guidance for 2017

Wind Industry Profile of

EBIT of euro 23.7 million (prior year: euro 7.2 million) / International business continues to develop positively / Profit guidance increased to euro 17 to 23 million

PNE WIND AG achieved significant operational and economic success in the first nine months of 2017: The development of a European wind farm portfolio is progressing well and project rights for wind farms with a total nominal output of 105.2 MW were sold in Sweden and the USA. By optimising the project financing of the 142 MW wind farm portfolio sold at the end of 2016, PNE WIND AG realised a subsequent purchase price payment.  Project rights sold in the USA and in Sweden In the USA, WKN AG, a member of the PNE WIND Group, sold project rights for... ... More: Official Press Release PNE Wind AG

Keywords:

EBIT, wind energy, Q3, PNE Wind, guidance, revenue