• Total operating revenue
    In the first six months the Repower Group generated total operating revenue of CHF 922 million (down 23 per cent on the prior-year period).
  • Factors in the results
    The main factors behind the result were impairment on power generation assets and provisions on long-term agreements, the removal of the CHF 1.20 floor on the EUR/CHF exchange rate, and a further sharp decline in margins.
  • EBIT and group profit
    Operating income (EBIT) came to CHF -34 million in the first half of the year, well below the figure for the prior-year period. The group posted a net loss of CHF 108 million.
  • Structural measures
    Repower is systematically implementing measures to boost cost-efficiency within the organisation, streamlining its portfolio of interests and projects, and reviewing its strategic focus with a view to future positioning.
  • Swissgrid
    As previously announced, in July 2015 Repower sold its Swissgrid shares and the convertible loan granted to Swissgrid AG.
  • Electric transportation
    In addition to Italy, Repower has now also launched products and services around electric transportation in Switzerland.