BREMEN (dpa-AFX) - Wind and solar park operator Energiekontor sees itself on track to meet its annual targets after the first quarter. An increase in pre-tax earnings of 10 to 20 percent compared to the previous year, is still achievable, it said in the first quarter report presented in Bremen on Friday. 2022 pre-tax earnings amounted to 62.9 million euros. So far, all construction and sales projects are on track, it added. However, the management also warned of market uncertainties and challenges, such as increased investment costs, which, however, met with higher demand. Energiekontor traditionally does not publish financial figures for the first and third quarters, but only a qualitative descriptive report.

Due to the uncertainties in the industry, it is currently not possible to assume a fundamental and in any case reliable ability to deliver the desired products, models and services at a certain point in time, it was further stated./lew/mis