EANS-News: REpower Systems AG announces business figures for first quarter of 2010/11 (April 1, 2010 - June 30, 2010)

Sales EUR 213.1 million

Operating result EUR 1.5 million

Net earnings EUR 1.8 million

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quarterly report

Subtitle: Sales EUR 213.1 million
Operating result EUR 1.5 million
Net earnings EUR 1.8 million

Hamburg (euro adhoc) - Hamburg, August 13, 2010. In the first quarter
of 2010/11, the REpower Systems Group (securities identification
number: 617703) recorded sales of EUR 213.1 million, compared with
EUR 300.7 million in the same period of the previous year. Total
performance saw a decline from EUR 287.1 million to EUR 204.0 million
in the first quarter of 2010/11. The operating result (EBIT) dropped
from EUR 10.7 million in the previous year to EUR 1.5 million. After
offsetting interest and other financing expenses and income, earnings
before tax amounted to EUR 3.2 million (previous year: EUR 5.0
million). After deduction of income tax, net earnings for the first
quarter totaled EUR 1.8 million, which represented a drop of around
18% compared with the previous year (EUR 2.2 million).

In the first three months of the fiscal year 2010/11, REpower Systems
AG delivered, installed or commissioned wind turbines with a total
rated output of 169 megawatts (MW). This figure was at the same level
as in the previous year: in the first quarter of 2009/10 it amounted
to 170 MW. During the reporting period onshore turbines of the MM and
3.XM series were installed. Almost 35% of the total rated output was
installed in Germany and 65% abroad.

The order backlog amounted to 2.1 gigawatts as at June 30, 2010,
which represented an increase of around 70% year-on-year. The
contractually secured order volume thus rose from EUR 1.45 billion in
the previous year to EUR 2.42 billion in the first quarter of
2010/11. In terms of the total rated output of the turbines sold, the
proportion of international business was 65%.

The decline in sales and income was largely due to the postponement
of projects by customers. From the current perspective, the Executive
Board does not expect postponements during the year to have a
negative impact on the full-year forecast.

For the fiscal year 2010/11, REpower is therefore still anticipating
an increase in total operating revenue for the Group to between EUR
1.5 billion and EUR 1.6 billion. This forecast is accompanied by an
increase in the operating margin (EBIT margin) to between 7.5% and
8.5%. The earnings development expected is predominantly based on
economies of scale and a further reduction in the material cost
basis.

Despite continuing uncertainty regarding the future development of
the world economy in general, the company assumes that the fiscal
year 2011/12 will see continued Group growth with a simultaneous
improvement in the EBIT margin.

Today, August 13, 2010 at 10:00 a.m. (CET) a telephone conference
will take place for investors, analysts and journalists to obtain
further information on the results. The dial-in number is +49 69 247
501 899. Dialing in is possible from 9:45 a.m. (CET). The
accompanying presentation for the conference call is available at the
REpower homepage (www.repower.de).

end of announcement euro adhoc
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ots Originaltext: REpower Systems AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Daniela Puttenat

Tel.: +49(0)40 5555090-3024

E-Mail: d.puttenat@repower.de

Branche: Alternative energy
ISIN: DE0006177033
WKN: 617703
Index: CDAX, Prime All Share, Technology All Share
Börsen: Berlin / Open Market
Hamburg / Open Market
Stuttgart / Open Market
Düsseldorf / Open Market
München / Open Market
Frankfurt / regulated dealing/prime standard