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Home » Finance » PNE AG Reports Net Loss Amid Market Challenges, Affirms 2023 EBITDA Guidance
Finance

PNE AG Reports Net Loss Amid Market Challenges, Affirms 2023 EBITDA Guidance

By Philip BrooksNovember 14, 20232 Mins Read
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Credit: PNE AG
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German renewables developer, PNE AG, faced a net loss of EUR-24.9 million (USD 26.6m) in the first nine months of 2023, marking a significant shift from the EUR-6.6-million net profit recorded in the same period a year earlier. The reported negative result on Monday was primarily attributed to interest stemming from follow-up valuations of interest

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Previous ArticleNorthland Power Reports Lower Q3 Earnings, Maintains Full-Year Guidance Amidst Challenging Market Conditions
Next Article Audax Renovables Reports Striking Q3 Profit Surge Amid Strategic Initiatives

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