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Repower AG Via da Clalt 12 7742 Poschiavo, Switzerland http://www.repower.ch
Contact Mr Kurt Bobst +41 81 839 71 11
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Repower AG

Repower AGM approves financial statements and annual report, passes resolutions on dividends, and elects two new members to the Board of Directors

Resolutions of the 108th Repower Annual General Meeting in Ilanz

(PresseBox) (Poschiavo, )
On 9 May 2012 the 108th Repower Annual General Meeting (AGM) in Ilanz approved Repower AG's 2011 financial statements and Repower's 2011 consolidated accounts. The AGM also acknowledged the report of the auditors and discharged the members of the Board of Directors.

Repower published its annual results for 2011 on 29 March 2012, posting a profit of CHF 54 million on total operating revenues of around CHF 2.5 billion. EBIT came to CHF 130 million, and Repower saw a good operating cash flow of CHF 138 million in what was a difficult year for the energy industry.

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