REPOWER

In words

Overview

  • Environment The first six months of the year were marked by a challenging economic environment and political uncertainties.
  • Total operating revenue In the first half of 2013, the Repower Group generated total operating revenue of CHF 1.2 billion (+ 2% year-on-year).
  • EBIT and profit At CHF 43 million (-17% year-on-year) EBIT was in line with expectations. Profit was up 53 per cent to CHF 29 million thanks to the positive financial result.
  • Increased efficiency Repower's efficiency programme got underway in January, the effects of which will be fully felt in 2014.
  • Italy and Romania Sales in these two countries contributed favourably to results, with Italy contributing around half of revenues and Romania has now emerged from a challenging phase and entered into the profit zone.
  • Generation Wind power generation in the first half of 2013 was up year-on-year, while considerably less energy was generated by the gas-fired combined-cycle power plant in Teverola.
  • Innovation By means of innovative solutions Repower plans to focus even more strongly in future on the intelligent networking of energy systems.