PNE may have to move projects planned for implementation this year to 2021 because of the coronavirus.
The company added that the sale of project rights may also shift to next year.
PNE chief executive Markus Lesser (pictured) said: “At present, we assume that there may be shifts in our operating business as regards the sale of project rights and project implementation from 2020 to 2021 and from 2021 to 2022 due to the current developments concerning the spread of the COVID-19 virus.
“This has already been taken into account in the guidance. At this point in time, we assume that there should be no significant impact on our business in the medium to long term.
“The good liquidity position gives the company sufficient leeway to be able to cope well with longer-term restrictions.”
The company expects EBITDA of €15m to €20m and EBIT of €5m to €10m for the 2020 fiscal year.


