PNE AG Notes Positive Outlook for 2019

Wind Industry Profile of

Operationally successful fiscal year 2018 / Implementation of "scale-up“ shows effect / International expansion of business progressing well / Positive outlook to 2019

PNE AG closed the year 2018 successfully in operational terms. This is the result of the annual report published today. With 235.7 megawatts (MW) of projects sold, commissioned or under construction, the previous year's level (233.6 MW) was again reached. With an expected investment volume of around euro 1.4 to 1.8 million per MW of installed nominal capacity, PNE has initiated investments of around euro 330 to 424 million (prior year: euro 327 to 420 million). Particular sales successes would have led to an over-fulfilment of the targets with EBIT of approx. euro 18.5 million and EBITDA of approx. euro 27.2... ... More: Official Press Release PNE AG

Keywords:

outlook, 2018, 2019, growth, EBIT, market, international, expansion