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Repower AG Via da Clalt 12 7742 Poschiavo, Switzerland http://www.repower.ch
Contact Mr Stefan Bisculm +41 81 423 78 73
Company logo of Repower AG
Repower AG

Repower posts increase in operating profit

2019 semi-annual report

(PresseBox) (Poschiavo, )
Repower AG has posted a good result for the first half of the 2019 financial year, generating total operating revenues of CHF 1,018 million and operating income (EBIT) of CHF 56 million. Key drivers of these successful results were the positive development of electricity prices, the good performance of the Teverola combined cycle gas turbine plant, and Repower’s trading business.

In the first six months of 2019, Repower was able to systematically exploit improved conditions in the electricity market. Thanks to optimum management of its energy positions, excellent trading results and persistent cost management, the company’s results exceeded expectations.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.