Q1 Results: PNE AG Kicks Off New Year with Strong Performance

• PNE AG had a successful start to 2024 with a large number of projects in construction and preparation.
• The company's project pipeline reached a record level of 19.8 gigawatts.
• In the first quarter of 2024, the Group recorded total aggregate output of euro 57.0 million, revenues of euro 31.4 million, and EBITDA of euro 8.5 million.
• Ten wind farms with a total nominal output of 276 MW were under construction in Germany and France at the end of the first quarter of 2024.
• The company's wind and photovoltaic project pipeline increased from 13,814 MW in the same period last year to 19,805 MW.
• The wind farm portfolio operated by PNE had a capacity of 370 MW at the end of the first quarter, producing 247 GWh of clean electricity, saving the environment 186,000 tons of CO2 emissions.

The next important date, Publication of Quarterly Report (Cut-off date Q1), at PNE is on 08.05.2024.

The price of PNE at the time of the news was 13,430EUR and was up +0,07 % compared with the previous day.
15 minutes after the article was published, the price was 13,460EUR this corresponds to a plus of +0,22 % since publication.
At this time, the index SDAX was at 14.763,44PKT (+0,03 %).

PNE

+0,27 %

+0,95 %

+10,42 %

+12,25 %

+6,30 %

+100,27 %

+519,62 %

+407,85 %

+414,60 %

ISIN:DE000A0JBPG2WKN:A0JBPG

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