PNE Group announced that, based on preliminary figures for fiscal year 2025, it now expects consolidated EBITDA to range between 45 million euros and 60 million euros. This compares with the most recently published guidance, in which the company had anticipated consolidated EBITDA of between 70 million euros and 110 million euros for the year.
The adjustment is primarily due to changes in the valuation of the project pipeline, reflecting significantly altered market conditions in international markets such as Canada, Spain, and Romania. When adjusted for the value changes, consolidated EBITDA for 2025 would be between 70 million euros and 80 million euros, which falls within the previously communicated guidance. Importantly, these value adjustments have no impact on the liquidity of PNE AG. The Management Board considers the planned adjustments to adequately account for all identifiable risks in the valuation of the project pipeline.
PNE will release its final financial figures for 2025, along with the audited consolidated financial statements, on March 26, 2026.
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