Published: 16 November 2007 16 November 2007
REpower Systems AG has released its nine-month report 2007. In the first nine months of 2007, REpower Systems AG erected all in all 172 wind energy turbines (previous year: 188) with a total capacity of 329MW and could partly catch up the delays from the first half of the year.
Total performance was up by 32.5per cent from € 297.4 million to € 394.1 million in the reference period from 1 January to 30 September 2007, whereas sales increased year-on-year by 24.5per cent from € 292.6 million to € 373.0 million. EBIT totalled € 7.9 million in the first nine months of the current financial year compared to € 3.4 million in the first nine months of 2006. As of end September 2007, the order backlog increased by 41per cent, with registered purchase agreements for 609 wind energy turbines and a total rated power of 1,223.0MW (previous year: 453 turbines, 867.5MW). REpower confirms its targets for business year 2007 (Sales: € 650 million and an EBIT margin of 3.0 to 4.5 per cent) and raises its sales forecast for business year 2008 to at least € 1 billion with an EBIT margin of 4 to 6 per cent.