22.03.2017
PNE WIND AG DE000A0JBPG2
DGAP-News: PNE WIND AG: Proposal for dividend and special dividend
DGAP-News: PNE WIND AG / Key word(s): Dividend
PNE WIND AG: Proposal for dividend and special dividend
22.03.2017 / 15:30
The issuer is solely responsible for the content of this announcement.
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Corporate News
PNE WIND AG: Proposal for dividend and special dividend
Cuxhaven, March 22, 2017 - As a result of the successful end of the 2016
financial year, the Supervisory Board of PNE WIND AG consistently with the
proposal of the Board of Management, today decided to suggest to the general
meeting of shareholders on May 31, 2016 the distribution of a dividend of
euro 0.04 and a special dividend of euro 0.08 per eligible share.
Chief Executive Officer Markus Lesser commented: "With the proposal to the
general meeting of shareholders to declare a dividend of euro 0.04 and a
special dividend of euro 0.08 per eligible share, we want to share the
success we enjoyed last year with our shareholders. On the other hand, this
proposal creates financial flexibility for investments in the further
expansion of our international project pipeline and the medium and long-term
development of a new wind farm portfolio."
The proposal for dividends is based on the result of fiscal year 2016. The
Supervisory Board also approved the Consolidated Financial Statements as of
December 31, 2016. The total performance amounted to euro 259.2 million
(previous year: euro 233.3 million) with an operating profit (EBIT) of euro
97.0 million (previous year: euro 9.8 million). Basic earnings per share
amounted to euro 0.90 (previous year: euro 0.05).
The Supervisory Board also approved the Financial Statements (HGB) of PNE
WIND AG. Net income totaled euro 40.1 million (previous year: euro 10.3
million) and the retained earnings amounted to euro 107.5 million as at
December 31, 2016.
PNE WIND AG will publish its 2016 Annual Report tomorrow on March 30, 2017.
About the PNE WIND Group
The PNE WIND Group, with its brands PNE WIND and WKN, is one of the leading
German wind farm developers. With its 360 employees, the PNE WIND Group has
been offering services covering the entire added value chain ranging from
the development, planning, realisation, financing, operation, marketing and
repowering of wind farms in Germany and abroad from a single source for more
than 25 years. Once the completed wind farms have been handed over, the PNE
WIND Group also offers technical and commercial operation management
services, including regular maintenance, for the wind farms. Offshore wind
farms are developed up to the point where they are construction ready and
our services cover the projects till operations begin. Alongside its
business activities in its established domestic market, the PNE WIND Group
is present at the international level in order to benefit from the huge
growth potential of the global wind energy market and it is expanding into
dynamic growth markets.
Contact for inquiries
PNE WIND AG
Rainer Heinsohn
Head of Corporate Communications
Tel.: +49(0) 47 21 - 7 18 - 453
Fax: +49(0) 47 21 - 7 18 - 373
Rainer.Heinsohn(at)pnewind.com
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22.03.2017 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: PNE WIND AG
Peter-Henlein-Straße 2-4
27472 Cuxhaven
Germany
Phone: 04721 / 718 - 06
Fax: 04721 / 718 - 200
E-mail: [email protected]
Internet: http://www.pnewind.com
ISIN: DE000A0JBPG2, DE000A1R0741, , DE000A12UMG0,
WKN: A0JBPG, A1R074, , A12UMG,
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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