In the first half of fiscal year 2009/10 REpower Systems AG realized total performance of € 617.0 million compared to € 531.1 million in the same period of the previous year.
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Sales increased year-on-year from € 529.8 million to now € 609.7 million. Earnings before interest and taxes (EBIT) for the period from April to September 2009 stood at € 31.3 million compared to € 22.7 million in the previous year. Net profit increased from € 14.4 million as per end of September 2008 to now € 17.5 million.
In the first half of fiscal year 2009/10 REpower Systems AG installed and recognized in income 185 wind energy turbines with a total rated power of 386.15MW (corresponding period of the previous year: 256 wind turbines with 530MW). The order backlog amounted to 592 wind turbines (30 September 2008: 683 turbines) with a total rated power of 1,306.8MW (30 September 2008: 1,434.6MW). This corresponds to a contractually confirmed order volume of around € 1.6 billion (30 September 2008: € 1.5 billion).
Most recently, REpower had held out the prospect of a sales volume of € 1.4 billion as well as an EBIT margin of 7.5% for the entire fiscal year 2009/10. The executive board is keeping to these targets but emphasizes that uncertainty with regard to the achievement of these objectives has risen strongly due to an increasing amount of project postponements on the customer side in the second quarter. Furthermore, the expected recovery of the US wind market, which was anticipated by the market participants in the course of 2009, up to now failed to materialize.
In the first half of fiscal year 2009/10 REpower Systems AG installed and recognized in income 185 wind energy turbines with a total rated power of 386.15MW (corresponding period of the previous year: 256 wind turbines with 530MW). The order backlog amounted to 592 wind turbines (30 September 2008: 683 turbines) with a total rated power of 1,306.8MW (30 September 2008: 1,434.6MW). This corresponds to a contractually confirmed order volume of around € 1.6 billion (30 September 2008: € 1.5 billion).
Most recently, REpower had held out the prospect of a sales volume of € 1.4 billion as well as an EBIT margin of 7.5% for the entire fiscal year 2009/10. The executive board is keeping to these targets but emphasizes that uncertainty with regard to the achievement of these objectives has risen strongly due to an increasing amount of project postponements on the customer side in the second quarter. Furthermore, the expected recovery of the US wind market, which was anticipated by the market participants in the course of 2009, up to now failed to materialize.