PNE AG — Earnings Release 2002

May 13, 2002

News Details

Ad-hoc | 13 May 2002 08:36

Plambeck Neue Energien english

Plambeck Neue Energien AG: quarterly figures improve Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Plambeck Neue Energien AG: quarterly figures improve Cuxhaven, 13th May 2002 – Plambeck Neue Energien AG recorded a total operating performance of 34,0 million Euro (last year: 33.6 million Euro) for the 1st quarter of 2002 and thus continued its positive development. This was also true of the pre-tax results which rose in the first quarter to 2,4 million Euro (last year: 1.8 million Euro). The company’s positive trend is also reflected in the balance sheet item Receivables from long-term contracts in which the current projects are to be found: the progress in the realisation of windpark and biomass projects increased this figure from 97.8 million Euro in the first quarter of 2001 to its current figure of 164.7 million Euro. As in the past, the figures in the first quarter do not permit any linear projection for the further development in the course of the year. For 2002 the board affirms expectation that total sales and result will further strongly grow. The first quarter of 2002 saw the completion of seven windpark projects, some of which had already been started last year. Plambeck Neue Energien AG currently has orders in hand for the construction of 16 windpark projects and a biomass project in the implementation phase. Moreover, the company has numerous further projects at an advanced planning stage which will progress to the realisation phase in the near future. Plambeck Neue Energien AG Public Relations For more information please contact: Rainer Heinsohn Head of Public Relations Telephone: 04721-718-453 e-mail: heinsohn@plambeck.de end of ad-hoc-announcement (c)DGAP 13.05.2002 ——————————————————————————– WKN: 691032; ISIN: DE0006910326; Index: NEMAX 50 Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen Düsseldorf, Hamburg, Hannover, München und Stuttgart 130836 Mai 02