REPOWER SYSTEMS : SE publishes business figures for 1st quarter 2011/12 (April 1-June 30, 2011)

August 12, 2011 at 01:00 pm IST

MarketScreener.com By

Press Release08/12/11

Sales EUR 262.5 million
Operating result EUR 10.0 million
Net earnings EUR 4.2 million

Hamburg, August 12, 2011. The REpower Systems Group (WKN 617703) increased its sales by approx. 23% to EUR 262.5 million (previous year: EUR 213.1 million) in the first quarter of the 2011/12 fiscal year (April 1 to June 30, 2011). Total performance grew by nearly 22% from EUR 204.0 million to EUR 248.3 million. EBIT was EUR 10.0 million (Q1 2010/11: EUR 1.5 million) in the period under review. After offsetting interest and other financing income and expenses, earnings before tax amounted to EUR 7.6 million (Q1 2010/11: EUR 3.2 million). In the period under review, REpower generated net earnings of EUR 4.2 million, following EUR 1.8 million in Q1 2010/11.

Incoming orders in the period under review were EUR 218 million, down from EUR 323 million in the first quarter of 2010/11. Contractually secured order volume as at June 30, 2011 was approx. EUR 2.61 billion. This represents an increase of about 8% compared with the previous year

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