PNE AG Attributes Share Price Decline to Speculation

In a recent announcement, PNE AG observed a significant decline in its share price. The company attributes this drop to speculative actions in the market.

PNE AG's CEO, Per Hornung Pedersen, stated that the company's business development remains on track. He emphasized that there is no fundamental reason for the share price decline. According to him, the company's operational performance aligns with expectations, and the guidance for an EBITDA of 40 to 50 million euros for the fiscal year 2024 remains unchanged.

Despite the recent fluctuations, PNE AG asserts its strong positioning for future growth. The company plans to continue its focus on the development of wind energy and photovoltaic projects globally.