In words

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.

REPOWER