Even though hydroelectricity started to regain political support as the most important renewable energy resource in 2014, parliament's willingness to improve the framework so that hydropower can maintain its role still seems only selective. Nevertheless, for Repower these are the first positive signals after what was another very challenging financial year dominated by extremely low energy prices. In this environment Repower managed to post total operating revenue of around CHF 2.3 billion. Operating income (EBIT) came to CHF 26 million, or CHF 39 million before exceptional items. The Group recorded a net loss of CHF 33 million for 2014.
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Scnny:
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