DGAP-Adhoc: PNE AG: PNE plans to expand its own operations to up to 500 MW by the end of 2023
DGAP-Ad-hoc: PNE AG / Key word(s): Miscellaneous Publication of an insider information according to Art. 17 EU-Market-Abuse-Regulation (MAR) PNE AG: PNE plans to expand its own operations to up to 500 MW by the end of 2023 The results of the 2019 financial year and the liquidity level of around euro 112 million in the Group at the end of 2019 contributed to the decision by the Board of Management and the Supervisory Board of PNE AG. In 2019, PNE Group achieved EBITDA of approx. euro 31.6 million and EBIT of approx. euro 19.0 million. The guidance for Group EBITDA of euro 25 to 30 million and the guidance for the Group EBIT of euro 15 to 20 million in the 2019 fiscal year were both achieved and slightly exceeded as regards EBITDA. Contacts for enquiries
18-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | PNE AG |
Peter-Henlein-Straße 2-4 | |
27472 Cuxhaven | |
Germany | |
Phone: | 04721 / 718 - 06 |
Fax: | 04721 / 718 - 200 |
E-mail: | [email protected] |
Internet: | http://www.pne-ag.com |
ISIN: | DE000A0JBPG2, DE000A2LQ3M9, , DE000A12UMG0, |
WKN: | A0JBPG, A2LQ3M, , A12UMG, |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1001117 |
End of Announcement | DGAP News Service |
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1001117 18-March-2020 CET/CEST
PNE AG Stock
Currently there is a rather positive sentiment for PNE AG with 4 Buy predictions and 0 Sell predictions.
With a target price of 20 € there is a positive potential of 42.86% for PNE AG compared to the current price of 14.0 €.