PNE Publishes Strongly Improved Results

Image: PNEImage: PNE
German project developer PNE has tripled the operating profit (EBIT) in the first half of 2019

Official Press Release PNE:

PNE AG achieves very strong improved results in the first half of the year

Wind Industry Profile of
PNE AG achieves very strong improved results in the first half of the year

Total aggregate output of euro 85.6 million (prior year: euro 38.2 million) / Operating profit (EBIT) tripled to euro 12.9 million (prior year: euro 4.1 million) / Forecast for the entire year confirmed

In the first half of 2019, the PNE Group, which is internationally active in project development and the provision of services for wind and PV projects, continued to develop in operational and strategic terms. PNE has put wind farm projects with around 404 MW into operation or has started their construction – more than ever before in a half-year. This is also reflected in a tripled operating profit (EBIT), as shown in the half-year report published today.  Sales successes reflected in first-half results Driven by sales successes, the Group... ... More: Official Press Release PNE

PNE, results, EBIT, operation, developer, international, Germany, sales, success, improvement

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