- Published: 15 May 2007 15 May 2007
REpower Systems posted gross revenues of € 125.4 million in the first quarter of 2007 compared with € 88.8 million in the same period of the previous year.
This corresponds to an increase of 41.3 per cent. The operating result (EBIT) decreased slightly in the reporting period from € 1.6 million to € 0.3 million. After taxes and interest, this results in positive net earnings of € 0.015 million after € 0.8 million in the previous year period. In the period from January to March 2007, REpower Systems AG installed and re-cognised in income 32 turbines with a total output of 61.0MW. This represents a year-on-year decline in installed output of 46.5 per cent (64 turbines and 114.0MW). The reason for this is a number of delayed deliveries from suppliers. At the end of the period under review, the order backlog amounted to 498 wind turbines (previous year: 351) with a total rated output of 984.5MW (previous year: 667.5MW). This corresponds to a potential order volume of around € 888.7 million (previous year: € 580.8 million).