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Plambeck Neue Energien AG

Plambeck Neue Energien AG distinctly improves quarterly result

Cuxhaven (euro adhoc) -

•	Total sales increased to 81.8 mill. Euro (previous year: 31.2 mill.
Euro)
 •	Turnover increased by 95.8 per cent to 51.9 mill. Euro 
 •	
Earnings before tax amount to 21.6 mill. Euro (previous year: -6.1 
mill. Euro)
 •	Earnings positively influenced by sale of SSP 
Technology A/S
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies/Quarterly report
Cuxhaven, November 10, 2008 - The wind-farm
planner Plambeck Neue Energien AG (ISIN: DE000A0JBPG2) has achieved 
distinct improvements in turnover and profits in the first nine 
months fiscal year 2008. Compared with the previous year's period, 
the total sales rose from 31.2 mill. Euro to 81.8 mill. Euro. At the 
same time, the turnover revenue increased by 95.8 per cent to 51.9 
mill. Euro (previous year: 26.5 mill. Euro). In addition, earnings 
before interest and taxes (EBIT) improved from -2.6 mill. Euro in the
previous year to a current figure of 24.1 mill. Euro. Thus, the 
company achieved earnings before taxes (EBT) of 21.6 mill. Euro 
following a total of -6.1 mill. Euro in the previous year. This led 
to a net income of 18.8 mill. Euro (previous year: -6.3 mill. Euro). 
The earnings per share thus climbed from -0.16 Euro (undiluted) to 
0.46 Euro. It must be taken into account that earnings were 
positively affected by the sale of shares of SSP Technology A/S. In 
the course of the concentration on the core business, Plambeck Neue 
Energien AG relinquished its holding in the Danish rotor blade 
manufacturer in the second quarter of 2008 and was thus able to 
achieve free liquidity of around 35 mill. Euro.
The extension of the operative business activity is also reflected in
the balance sheet total, which rose to 184.4 mill. Euro due to the 
increased number of projects under construction (December 31, 2007: 
127.9 mill. Euro). With an equity ratio of 31.7 per cent, net debt of
around 2 mill. Euro and cash and cash equivalents of 42.6 mill. Euro 
at the end of the third quarter, the company has a solid financial 
structure and liquidity situation in order to push forward the 
planned growth purposefully.
Martin Billhardt, Chairman of the Board, sees Plambeck Neue Energien 
AG in a good position for the future: "We have done our homework, 
which is shown by our extensive project pipeline. In Germany alone, 
we have wind-farms with a nominal output of 114 MW under 
construction, and they will be handed over to the investors in 2009."
In addition, he points out the attractive growth prospects in the 
wind energy market, in particular abroad and in the offshore area. 
"The German market is still at the start of offshore wind power and 
we have the best prerequisites for profiting from the future 
expansion. Along with this, we are further expanding into promising 
foreign markets. Therefore a subsidiary was founded in October 2008 
as a first step to enter into the US-market. The US is in the medium 
term, the largest wind market in the world."
As a result of the positive operative development up to now, Plambeck
Neue Energien AG underscores its forecast for full fiscal year 2008. 
This includes an increase of EBIT to 20 to 25 mill. Euro and an 
improvement in earnings before taxes to 19 to 24 mill. Euro. At the 
same time, Plambeck Neue Energien AG is expecting earnings per share 
in between 0.41 Euro and 0.51 Euro for fiscal year 2008.
The complete quarterly report has been made available today in the 
Investor Relations section of the www.pne.de website.
Corporate profile:
Plambeck Neue Energien AG with its headquarters in Cuxhaven plans and
implements wind-farm projects on land (onshore) and at sea 
(offshore). The key competence of the company is the development, 
projecting, implementation and financing of wind-farms and their 
operation and sale with subsequent service. Up to now, the enterprise
has set up 84 wind-farms with 479 wind-energy systems and a total 
nominal output of 651 MW.
Alongside the business activity on the established German market, the
company is increasingly expanding into dynamic growth markets. Via 
joint ventures, Plambeck Neue Energien AG is already represented in 
Hungary, Bulgaria, Turkey, Great Britain, Ireland and Rumania. In 
these countries, wind-farm projects with a nominal output of up to 
1,400 MW are being processed and are to be finished in the medium 
term. Furthermore a subsidiary is founded in the USA. In Germany 
(onshore) wind-farm projects with a nominal output of more than 400 
MW are being processed, of which 114 MW are already under 
construction.
Over and above this, Plambeck Neue Energien AG develops offshore 
wind-farm projects, of which two major projects in German waters have
already been approved. Entry to promising foreign markets is also 
being examined for the offshore area.
Contact
Plambeck Neue Energien AG
Rainer Heinsohn
Tel: +49(0) 47 21 - 7 18 - 4 53
Fax: +49(0) 47 21 - 7 18 - 373
E-mail:  ir@plambeck.de
Investor Relations
cometis AG
Ulrich Wiehle / Dirk Stauer
Tel: +49(0)611 - 205855-11
Fax: +49(0)611 - 205855-66
E-mail:  wiehle@cometis.de
end of announcement                               euro adhoc

Further inquiry note:

Rainer Heinsohn
Plambeck Neue Energien AG / Öffentlichkeitsarbeit
Tel.: +49(0)4721-718-453
heinsohn@plambeck.de

Branche: Alternative energy
ISIN: DE000A0JBPG2
WKN: A0JBPG
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade

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