REpower announces preliminary results for first nine months of fiscal year 2009/10
- Total performance climbs up 10% to EUR 932.1 million
- EBIT rises more than 47% to EUR 56.3 million
In the period 1 April to 31 December 2009, the REpower Systems Group (Prime Standard, WKN 617703) generated a total performance figure of EUR 932.1 million according to provisional calculations, compared to EUR 842.9 million in the corresponding period of the previous year from 1 April to 31 December 2008. The operating result (EBIT) improved above average from EUR 38.1 million to EUR 56.3 million. In calendar year 2009, market share in Germany increased to 8.8% against 5.6% in the previous year.
In the reporting period from 1 April to 31 December 2009, total operating revenue increased by more than 10% from EUR 842.9 million last year to EUR 932.1 million. Sales developed along the same trend, growing compared to the previous year, from EUR 850.5 million to EUR 920.5 million.
Furthermore earnings before interest and tax (EBIT) increased: For the reporting period they amounted to EUR 56.3 million in comparison with EUR 38.1 million for the same period of the previous year.
By the end of December 2009 the order book contained sales contracts with a contractually assured order volume of nearly EUR 1.7 billion. Furthermore, REpower successfully maintained its position as third largest turbine manufacturer in Germany and increased its market share to 8.8% in calendar year 2009 (previous year 5.6%).
Publication of the final results and the complete quarterly report is expected for 12 February 2010.
REpower Systems AG is one of the leading manufacturers of onshore and offshore wind turbines. The international mechanical engineering company develops produces and markets wind turbines with rated outputs of 2 MW to 6.15 MW and rotor diameters of 82 meters to 126 meters for almost any location. The company also offers a comprehensive portfolio of service and maintenance packages. The profitable and reliable systems are designed at the REpower development center in Rendsburg and manufactured at its Husum (North Friesland), Trampe (Brandenburg) and Bremerhaven plants.
With over 1,900 employees worldwide, the company, which has been listed since March 2002 and is headquartered in Hamburg, can make use of the experience gained from the manufacture and installation of over 2,000 wind turbines around the world. REpower is represented by distribution partners, subsidiaries and participations in European markets such as France, Belgium, the UK, Italy, Portugal and Spain as well as on a global level in the USA, Japan, China, Australia and Canada.