Posted by: Windfair Editors
PNE holds its own in a challenging market environment
Official Press Release PNE AG:
Result for the quarter: PNE AG generates satisfactory result and further expands the project pipeline
Satisfactory result in light of the market environment / The expansion of the own generation portfolio is progressing / Project pipeline reaches another record level at 17.5 gigawatts
In a challenging market environment, PNE AG achieved a satisfactory result in the first nine months of 2023. The project pipeline has increased considerably and the expansion of its own generation portfolio is progressing rapidly. In the first nine months of 2023, the Group recorded total aggregate output of euro 156.9 million (prior year: euro 152.1 million), revenues of euro 75.1 million (prior year: euro 76.7 million) and earnings before interest, taxes, depreciation and amortisation (EBITDA) of euro 16.5 million (prior year: euro 21.1 million). The shown undiluted... ... More: Official Press Release PNE AG
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