Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. PNE AG
  6. News
  7. Summary
    PNE3   DE000A0JBPG2

PNE AG

(PNE3)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

PNE : Download Webcast Prńsentation

08/11/2021 | 08:17am EDT

INVESTOR RELATIONS PRESENTATION

H1 | 2021

| Investor Relations Presentation | August 2021

DISCLAIMER

This presentation is for information purposes only and does not constitute a public offer or invitation to subscribe for or purchase any securities of PNE AG and neither this presentation nor anything contained herein shall form the basis of any contract or commitment whatsoever. This presentation is being furnished to you solely for your information and may not be reproduced or redistributed to any other person in whole or in part.

All information contained herein has been carefully prepared. Nevertheless, we do not guarantee its accuracy or completeness.

The information contained in this presentation is subject to amendment, revision and updating. Certain statements contained in this presentation may be statements of future expectations and other forward-looking statements that are based on the company's current views and assumptions and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those in such statements as a result of, among others, factors, changing business or other market conditions and the prospects for growth anticipated by the management of the Company. These and other factors could adversely affect the outcome and financial effects of the plans and events described herein. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

The distribution of this document in other jurisdictions may be restricted by law and persons into whose possession this document comes should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of applicable Securities Laws.

| Investor Relations Presentation | August 2021

2

DYNAMIC BUSINESS PERFORMANCE IN H1 2021 -

HIGH SALES ACTIVITY AND STRONG PIPELINE GROWTH

  • Good operational progress in H1 2021, despite effects of COVID19-pandemic
  • Significant project sales of 294 MW in H1: 60 MW in Sweden, 220.8 MW in Romania, 13.2 MW in France
  • 620.1 MW sold, put into operation or under construction
  • Increase of pipeline despite project sales by 1,065 MW/MWp yoy
  • Expansion of own generation portfolio makes progress:
    • 16.8 MW put in operation in H1 2021
    • further projects with approx. 128 MW under construction
  • Scale Up - Implementation fully on track
    • Investments are ongoing, e.g. in international markets, PV and services (PPA services, on-demandnight-time marking, etc.) and start to pay off
    • PV pipeline expanded further to 794 MWp (H1 2020: 232 MWp)
    • Number of employees nearly unchanged at 458 (H1 2020: 450)

Sold,

put in operation,

under construction

620.1

Total pipline

MW

Own wind

Wind onshore & PV

generation portfolio

6,473

151.6

MW / MWp

MW

Projects

under construction

259.5

MW

| Investor Relations Presentation | August 2021

3

PROJECT SALES DRIVE STRONG H1 RESULT - KPIs SIGNIFICANTLY IMPROVED YOY

  • H1 results on target - FY guidance confirmed
  • Total output at extraordinary high level of 93.9m, up 21.9% yoy
  • EBITDA up 47.1% yoy
  • Project sales contribute to strong H1 result
  • Project development and Services segments show significant growth
  • Investments in own generation portfolio impact group result - reflected by non-realised earnings ("hidden reserves") of € 18.7m (vs. € 6.9m in H1 2020)
  • Cash position increased due to project sales and despite investments in own generation portfolio, remains on high level at € 116.9m
  • Equity remains stable at € 197.8m

Total Output

93.9

€ m

EBITDA

13.3

€ m

Cash

116.9

€ m

EBIT

2.3

€ m

| Investor Relations Presentation | August 2021

4

EXPANSION OF OWN GENERATION PORTFOLIO CONTINUES

  • Target to increase own generation to up to 500 MW by the end of 2023
  • Objective of stabilising sales and earnings at a high level
  • 151.6 MW of onshore wind projects currently in operation
  • Further approx. 128 MW intended for portfolio under construction
  • Hidden reserves accumulated in portfolio of more than € 100m in total

* as of June 30, 2021

| Investor Relations Presentation | August 2021

Project

MW

State

Status

Kührstedt-Alfstedt

43.2

Lower Saxony

in operation since Q4 2017

Gerdau-Repowering

21.6

Lower Saxony

in operation since Q1 2019

Schlenzer

6.5

Brandenburg

in operation since Q2 2019

Neuenwalde

7.2

Lower Saxony

in operation since Q4 2019

Kittlitz

17.2

Brandenburg

in operation since Q4 2019

Laubuseschbach

3.0

Hesse

in operation since 2002

Pülfringen

6.5

Baden-Würt.

in operation since 2002

Erfeld

2.6

Baden-Würt.

in operation since 2002

Papenrode

22.3

Lower Saxony

in operation since 2002

Kleinbüllesheim

4.7

NRW

in operation since Q4 2020

Langstedt

8.4

Schleswig-Holstein

in operation since Q1 2021

Lentföhrden

8.4

Schleswig-Holstein

In operation since Q1 2021

Total in operation*

151.6

7 projects

~ 128

under construction

Total

~ 279

5

Um den Rest dieser Noodl zu lesen, rufen Sie bitte die Originalversion auf, und zwar hier.

Disclaimer

PNE AG published this content on 11 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2021 10:15:00 UTC.


ę Publicnow 2021
All news about PNE AG
10/22PNE AG : Release according to Article 40, Section 1 of the WpHG [the German Securities Tra..
DJ
10/08PNE AG : Release according to Article 40, Section 1 of the WpHG [the German Securities Tra..
DJ
10/08PNE AG : Release according to Article 40, Section 1 of the WpHG [the German Securities Tra..
EQ
10/06PNE AG : Release according to Article 40, Section 1 of the WpHG [the German Securities Tra..
DJ
10/06PNE AG : Release according to Article 40, Section 1 of the WpHG [the German Securities Tra..
EQ
10/05PNE : sells further wind farm projects in Poland
PU
10/05PNE AG : PNE Group sells further wind farm projects in Poland
EQ
10/05PRESS RELEASE : PNE AG: PNE Group sells further wind farm projects in Poland
DJ
10/05Octopus Renewables Infrastructure Trust plc acquired 58.8 MW of wind farms in Poland fr..
CI
09/22PNE AG : Release according to Article 40, Section 1 of the WpHG [the German Securities Tra..
EQ
More news
Financials
Sales 2021 161 M 188 M 188 M
Net income 2021 -4,28 M -4,99 M -4,99 M
Net Debt 2021 349 M 406 M 406 M
P/E ratio 2021 -155x
Yield 2021 0,49%
Capitalization 621 M 722 M 723 M
EV / Sales 2021 6,01x
EV / Sales 2022 6,46x
Nbr of Employees 458
Free-Float 56,9%
Chart PNE AG
Duration : Period :
PNE AG Technical Analysis Chart | PNE3 | DE000A0JBPG2 | MarketScreener
Technical analysis trends PNE AG
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 8,13 €
Average target price 8,55 €
Spread / Average Target 5,17%
EPS Revisions
Managers and Directors
Markus Lesser Chief Executive Officer
J÷rg Klowat Chief Financial Officer
Per Hornung Pedersen Chairman-Supervisory Board
Marcel Egger Member-Supervisory Board
Florian M. Schuhbauer Member-Supervisory Board