PNE rises in early trade on better-than-expected outlook

PNE AG

20/03/2026 07:39

** PNE PNEGn.DE shares rise around 3.5% in early Frankfurt trade after it published a better-than-expected FY outlook

** The renewable energy developer expects FY normalised EBITDA between 110-140 million euros ($127.17-161.85 million), above the LSEG-compiled analysts' consensus of 89 million euros

** The new guidance follows a comprehensive review of the feasibility and economic viability of the co's projects, it says

** "Modestly positive news should help recently underperforming shares", a local trader says

($1 = 0.8650 euros)

(Reporting by Emanuele Berro)

((emanuele.berro@thomsonreuters.com))