Published: 21 March 2007 21 March 2007
In fiscal year 2006, the REpower Group installed or delivered a total of 263 wind turbines with a total output of 492MW. In the previous year, 201 turbines with a total output of 366MW were installed or delivered. This represents a 34.4 per cent increase in installed output.
Including the consolidated companies, the Group's total performance rose to € 461.5 million after € 335.1 million in 2005. Consolidated sales rose by 39.9 per cent year-on-year from € 328.1 million to € 458.8 million. The international share of overall installed output rose from 31.9 per cent to 72.4 per cent. In 2006, the consolidated operating result before interest and taxes (EBIT) was significantly higher than the previous year's figure of € -4.3 million at € 12.2 million. The net result improved from € -6.8 million to € 7.1 million. Accordingly, earnings per share improved from € -1.19 to € 0.94.
For the current fiscal year, REpower is forecasting significant sales growth to € 650 million and a further improvement in the earnings margin. For 2008, REpower Systems AG increases its sales target from at least € 850 million to € 900 million.