Project Developer PNE Posts Successful First Quarter

Image: PNEImage: PNE
German developer PNE says first quarter results are on target

Official Press Release PNE:

PNE AG closes first quarter very successfully

Wind Industry Profile of
PNE AG closes first quarter very successfully

Total aggregate output of euro 44.4 million (prior year: euro 15.7 million) / Operating profit (EBIT) increased to euro 4.3 million (prior year: euro -0.2 million) / Forecast for the entire year confirmed

In the first quarter of 2019, the PNE Group, which is internationally active in project development and services for wind and PV projects, continued to develop both in operational and in strategic terms. In the first quarter, which is usually weak in the industry, PNE achieved its best result in years.  First quarter results on target From the beginning of January to the end of March, the Group generated revenues of euro 28.0 million (prior year: euro 10.9 million), total aggregate output of euro 44.4 million (prior year: euro 15.7 million),... ... More: Official Press Release PNE

PNE, quarter, Q1, Clean Energy Solution Provider, market, Germany, international, project developer, EBIT, forecast

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