ABO Wind Celebrates Successful 2018 Despite Dent in German Market

Wind Industry Profile of

Third-highest annual net profit in the company's history / Financial year 2018 exceeds expectations with 12.7 million euros / Large project pipeline gives reason to expect growing profits / Dividend rises to 0.42 euros

Despite serious difficulties in the wind energy industry in Germany, ABO Wind once again achieved a good result in the financial year 2018. The annual net profit of 12.7 million euros slightly exceeds market expectations. For the third time in a row, a surplus in the double-digit millions was achieved, the third-best result in the company's history. In 2017 (17 million euros) and 2016 (16.5 million euros), profits were even higher. ABO Wind’s project pipeline of wind and solar projects in development has expanded to 6,500 megawatts and is expected to... ... More: Official Press Release ABO Wind

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ABO Wind, developer, wind, solar, Germany, dent, profit, growth, market, pipeline, net profit