Pne Ag · XETR:PNE3
Pne — H1 2018 Earnings Presentation
12 slides from Pne's earnings presentation, August 2018
Slide 1: Webcast H1 2018 Presentation
Webcast H1 2018 Presentation August 2018
Slide 2: Disclaimer
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 pre
Slide 3: PNE WIND becomes PNE – Pure New Energy
Current Business Development PNE WIND becomes PNE – Pure New Energy PNE AG II Webcast Presentation II August 2018 3
Slide 4: Operational Highlights H1 2018
Current Business Development Operational Highlights H1 2018 Successes in the onshore business • Projects completed (37.5 MW): Looft, St. Martin-L‘Ars, Wangerland • Projects under construction (66 MW): Gerdau-Schwienau, Laxaskogen, project in France • New permits received (41.3 MW): Schlenzer, Kittli
Slide 5: Financial Highlights H1 2018
Current Business Development Financial Highlights H1 2018 H1 results according to plan, earnings improve significantly yoy • EBITDA at € 8.7m (H1 2017: € -1.8m), EBIT at € 4.1m (H1 2017: € -5.0m) • Significant earnings increase yoy despite preparations for project implementation as well as investmen
Slide 6: Onshore
Current Business Development Onshore Land I-II III IV Total MW H1 2018 Highlights: Germany 1399 131 22 1552 • Germany Bulgaria 121 0 0 121 • Repowering project Looft (16.5 MW) completed France 321 124 19 464 • Wind farm Wangerland: construction completed United Kingdom 43 0 0 43 • Repowering project
Slide 7: Offshore
Current Business Development Offshore Zone Sold projects Phase #WEA Total MW Sold to H1 2018 Highlights: 1 Borkum Riffgrund 1 8 78 312 Ørsted (DONG) • Milestone payment for Gode Wind 3 of around € 4m 1 Borkum Riffgrund 2 6 56 448 Ørsted (DONG) from Ørsted booked 1 Gode Wind 1 & 2 8/8 55 + 42 582 Ørs
Slide 8: Income Statement H1 2018 (H1 2017)
Current Business Development Income Statement H1 2018 (H1 2017) H1 2018 Highlights: In € m H1 2018 H1 2017 Sales 28.4 39.5 • H1 results according to plan Work in progress 6.2 8.3 • Total output at € 38.2m (€ 50.0m) Other income 3.5 2.2 • Earnings increase significantly yoy Total output 38.2 50.0 • E
Slide 9: Balance Sheet H1 2018 (IFRS)
Current Business Development Balance Sheet H1 2018 (IFRS) H1 2018 Highlights: • Equity at € 229.7m • Property, Plant and 433.4 (493.3) 433.4 (493.3) • Equity ratio very solid at 53% Equipment at € 96.7m (48% as of 31 December 2017) Intangible Assets 66.5 • Transformer stations (66.8) • Non-current d
Slide 10: Outlook
Current Business Development Outlook Onshore wind power • Continue build-up of Wind Farm Portfolio 2020 • Continue to ride momentum in key international markets France and US (sales process for 200 MW Chilocco wind farm is underway) • Examination of entrance into new markets (e.g. Asia, Latin Americ
Slide 11: Scale up Milestones
Strategy “Scale up” Scale up Milestones … 2019 • Development of project pipeline in the 1st new 2018 market • 1st PV project in • Completion of ramp- development up phase • Provide additional 2017 • First new products / services and expand services available consulting solutions • Start of ramp-up •
Slide 12: Contact
PNE AG Contact Rainer Heinsohn Head of Communication Tel: +49 (0) 4721 – 718 - 453 Fax: +49 (0) 4721 – 718 - 373 E-mail: rainer.heinsohn@pne-ag.com Christopher Rodler Head of Investor Relations Tel: +49 (0) 40 879 331 14 Fax: +49 (0) 4721 – 718 - 373 E-mail: christopher.rodler@pne-ag.com Harnessing