PNE publishes record-breaking project pipeline

Image: PixabayImage: Pixabay
The result of the 2022 fiscal year surpassed expectations, Germany developer PNE said.

Official Press Release PNE AG:

PNE AG: Result of the 2022 fiscal year surpassed expectations

Wind Industry Profile of
PNE AG: Result of the 2022 fiscal year surpassed expectations

Guidance exceeded / Growth of the internally operated portfolio on track / Project pipeline of projects under development at a record level

The year 2022 was a very successful year for PNE AG. As a result of successful operational business developments, total aggregate output amounted to euro 243.3 million (prior year: euro 252.0 million). Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased to euro 35.4 million (prior year: euro 32.7 million). Operating profit (EBIT) totalled euro 6.2 million (prior year: euro 9.3 million). The basic earnings per share amounted to euro 0.20 (prior year: euro 0.33). PNE AG has clearly exceeded the guidance for the Group EBITDA of euro 20 to 30 million and was also in the upper range of the increased... ... More: Official Press Release PNE AG

PNE, results, 2022, dividend, portfolio, project, pipeline, developer, USA, Germany, market, investment, wind farm, auction

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