PNE: Successful Business Year 2020

Wind Industry Profile of

Target figures achieved and exceeded / 100 MW under construction for internally operated portfolio / Tailwind for 2021

PNE AG closed the 2020 business year very successfully. The Group’s Annual Report 2020, published today, shows revenues of euro 109.7 million (prior year: euro 132.8 million) and total aggregate output of euro 151.7 million (prior year: euro 171.2 million) as a result of successful operational business developments. Earnings before interest, taxes, depreciation and amortisation (EBITDA) amount to euro 26.3 million (prior year: euro 28.7 million) and operating profit (EBIT) to euro 8.2 million (prior year: euro 16.1 million). The basic earnings per share amount to euro 0.02 (prior year: euro -0.01). This means that... ... More: Official Press Release PNE AG

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