REpower Publishes Preliminary Results for First Half of Fiscal Year 2011/12

According to initial calculations, REpower Systems SE  generated revenues of EUR 626.1 million in the first half of fis-cal year 2011/12 (1 April 2011 – 30 September 2011) – compared to EUR 499.0 million in the same period of the previous year. This corresponds to an increase of more than 25 percent. Total performance rose from EUR 515.2 million to EUR 590.7 million. In the reporting period the company generated operating profit (EBIT) of EUR 27.8 million (previous year’s period: EUR 34.3 million).

In the first half of fiscal year 2011/12 REpower installed or supplied in total 489 megawatts (MW) of capacity. In the previous year’s period new installations amounted to 399 MW. The increase is mainly due to the installation of wind tur-bines in the offshore wind farm Ormonde. Furthermore a higher number of 3.4M104 turbines have been installed.

The final results as well as the interim report for the first half of fiscal year 2011/12 will be published on 14 November 2011.

About REpower:

REpower Systems SE, a Suzlon group company, is one of the world’s leading manufacturers of onshore and offshore wind turbines. The international mechanical engineering company develops, produces and markets wind turbines for almost any location – with rated outputs of 1.8 MW to 6.15 MW and rotor diameters of 82 metres to 126 metres. Furthermore, the company offers its customers project specific solutions in the areas turnkey, service and maintenance, transport and installation, foundation planning and construction as well as financial engineering. The profitable and reliable systems are designed at the REpower TechCenter in Os-terrönfeld and manufactured at its plants in Husum (North Friesland), Trampe (Brandenburg) and Bremer-haven as well as Portugal and China.

With just under 2,500 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 around 3,500 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, Sweden, Poland and Spain as well as on a global level in the USA, China, Australia and Canada.

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Source: REpower Systems SE , October 21, 2011