EANS-News: REpower Systems AG / REpower Systems AG announces 2010/11 half-year figures (April 1, 2010 - September 30, 2010)

EBIT rises despite decline in revenue

Net result climbs 24.6% to EUR 21.8 million

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Financial Figures/Balance Sheet

Subtitle: EBIT rises despite decline in revenue
Net result climbs 24.6% to EUR 21.8 million

Hamburg (euro adhoc) - Hamburg, November 12, 2010. In the period from
April 1 to September 30, 2010, REpower Systems AG (WKN 617703)
generated a total performance of EUR 515.2 million (previous year:
EUR 617 million) and group revenue of EUR 499 million (previous year:
EUR 609.7 million). The operating result rose to EUR 34.3 million
from EUR 31.3 million in the first half of 2009/10. After interest
and other financing expenses, earnings before tax for the reporting
period amounted to EUR 33.4 million compared with EUR 26.5 million in
the corresponding period of the previous year. The net result
improved by 24.6%, increasing from EUR 17.5 million to EUR 21.8
million.

In the first half of fiscal year 2010/11, the REpower Systems Group
generated a total operating performance of EUR 515.2 million, a
decline of 16.5% compared with the corresponding period of the
previous year (EUR 617 million). Revenue also decreased, dropping
from EUR 609.7 million to EUR 499 million year-on-year. In contrast,
EBIT rose by 9.6% from EUR 31.3 million to EUR 34.3 million, while
earnings before tax climbed 26% from EUR 26.5 million to EUR 33.4
million. After taxes, the net result for the first half of fiscal
year 2010/11 amounted to EUR 21.8 million, an increase of 24.6%
compared with the relevant period of the prior year.

The order situation developed positively during the reporting period:
In the first six months of fiscal year 2010/11, the company posted
incoming orders with a total rated capacity of around 565 MW
(previous year: 437 MW). As at September 30, 2010, the order backlog
was 2,254 MW, significantly higher than the 1,307 MW recorded at the
previous year´s reporting date. On the reporting date, the
contractually-secured order volume amounted to EUR 2.58 billion
following a figure of EUR 1.60 billion at the end of September 2009.
Installation figures rose slightly: In the reporting period, the
company set up or installed wind turbines with a total rated capacity
of 399 MW, an increase of 3.4% compared with the first half of fiscal
year 2009/10 (386 MW).

For fiscal year 2010/11 as a whole, REpower Systems AG most recently
forecast an increase in total performance for the group to EUR
1.5-1.6 billion as well as an operating profit margin (EBIT margin)
of between 7.5% and 8.5%. The Executive Board has confirmed these
targets, but would like to emphasize that uncertainty regarding the
achievement of its goals has increased significantly due to a growing
number of projects postponed by customers.

There will be a telephone conference for analysts and journalists at
10.00 a.m. (CET) on November 15, 2010. The dial-in number is +49
(0)69 247 501 899.

The conference will be held in English. A recording of the conference
call will be provided afterwards on the website 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