REPOWER

Outlook

Outlook

The market environment will still be extremely demanding in 2013: electricity prices will remain low for the foreseeable future, the enormous market distortions will continue and uncertainty about regulatory conditions will initially persist. In addition, the challenging economic situation will continue to negatively affect the energy business. We are meeting the challenges described with three key measures: starting in 2013, we are implementing an efficiency programme, streamlining the project portfolio and investing in innovative solutions. These measures will allow us to satisfy the prerequisites to overcome the challenges and be a reliable and innovative partner in the market also in the future. Repower expects the operating result in 2013 to be similar to 2012.