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PNE AG Peter-Henlein-Str. 2-4 27472 Cuxhaven, Germany http://www.pnewind.com
Contact Mr Mirko Koch +49 611 20585540
Company logo of PNE AG
PNE AG

PNE WIND closes the 2016 fiscal year with record results

(PresseBox) (Cuxhaven, )

Group EBIT of euro 97.0 million (prior year: euro 9.8 million)
Improved balance sheet structure: Distinct reduction of short and long term financial liabilities and increased liquidity
The basic earnings per share amounted to euro 0.90 (prior year: euro 0.05)


The PNE WIND Group closed the 2016 fiscal year with the best operating results in its corporate history. Due to the sale of wind farms, offshore milestone payments received and income from electricity generation, the wind power specialist increased its Group EBIT to euro 97.0 million (prior year: euro 9.8 million). Above all, the sale of the wind farm portfolio, which has
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