REpower announces preliminary results for first nine months of fiscal year 2008/09

  • Total performance climbs up 50% to EUR 842.9 million
  • Rise in EBIT from EUR 27.9 million to EUR 38.1 million

Hamburg: In the period 1 April to 31 December 2008, the REpower Systems Group (Prime Standard, WKN 617703) generated a total performance figure of EUR 842.9 million according to provisional calculations, compared to EUR 552.7 million in the corresponding period of the previous year from 1 April to 31 December 2007. The operating result (EBIT) improved from EUR 27.9 million to EUR 38.1 million.

In the reporting period from 1 April to 31 December 2008, total operating revenue increased by more than 50% from EUR 552.7 million last year to EUR 842.9 million. Sales developed along the same trend, growing by 46% compared to the previous year, from EUR 582.5 million to EUR 850.5 million.

Furthermore earnings before interest and tax (EBIT) increased: For the reporting period they amounted to EUR 38.1 million in comparison with EUR 27.9 million for the same period of the previous year.

By the end of December 2008 the order book contained sales contracts for 708 wind energy turbines all in all, with a total rated power of 1,502.6 MW. This corresponds to a contractually assured order volume of more than EUR 1.6 billion.
In 2008 REpower Systems AG changed its fiscal year from the calendar year to the period 1 April to 31 March.

Publication of the final results and the complete quarterly report is expected for 12 February 2009.