• 15.11.2007, 09:38:08
  • /
  • OTE0010

REpower: Best prepared for further growth

- Release of nine-month report 2007 - Increase of total performance by 32.5 percent to EUR 394.1 million - EBIT more than doubled, adding up to EUR 7.9 million - Sales forecast 2008 adjusted to at least EUR 1 billion - Vahrenholt: Sales in 2010 likely to exceed EUR 2 billion

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Hamburg (euro adhoc) - Hamburg, 15 November 2007. Today, REpower Systems AG
(Prime Standard, WKN 617703), third largest German manufacturer of wind energy
turbines, releases its nine-month report 2007 and thus pursues its prosperous
growth trend. In the period from January to September 2007 the company installed
or delivered 172 sales-related wind energy turbines corresponding to a total
capacity of 329 megawatts (MW) and thus achieved a total performance of EUR
394.1 million - as against EUR 297.4 million in the reference period of the
previous year. Operating result (EBIT) improved from EUR 3.4 million to EUR 7.9
million. With 1,223 MW as of 30 September 2007, REpower Systems AG registered
the highest number of orders since it was founded.

In the first nine months of 2007, REpower Systems AG erected all in all 172 wind
energy turbines (previous year: 188) with a total capacity of 329 MW and could
partly catch up the delays from the first half of the year.

Total performance was up by 32.5% from EUR 297.4 million to EUR 394.1 million in
the reference period from 1 January to 30 September 2007, whereas sales
increased year-on-year by 24.5% from EUR 292.6 million to EUR 373.0 million.
EBIT totalled EUR 7.9 million in the first nine months of the current financial
year compared to EUR 3.4 million in the first nine months of 2006.

As of end September 2007, the order backlog increased by 41%, with registered
purchase agreements for 609 wind energy turbines and a total rated power of
1,223.0 MW (previous year: 453 turbines, 867.5 MW). This is the highest number
of orders since REpower Systems AG was founded and corresponds to a potential
order volume of approx. EUR 1.2 billion.

Prof. Dr. Fritz Vahrenholt, incumbent Chairman of the company´s Executive Board
until 31 December 2007, comments: "REpower is best prepared for the future
growth: In Bremerhaven, Germany, we are setting up a production facility for our
offshore power plant 5M as well as an own rotor blade factory. The company plant
in Trampe/Brandenburg has just been expanded in order to double production
capacity. We are going to have an additional site - in Osterrönfeld,
Schleswig-Holstein - as well as a joint technology centre with Suzlon in
Hamburg. We furthermore continue to promote expansion in our foreign key markets
in Europe or in the USA and China."

REpower confirms its targets for business year 2007 (Sales: EUR 650 billion and
an EBIT margin of 3.0 to 4.5 percent) and raises its sales forecast for business
year 2008 to at least EUR 1 billion with an EBIT margin of 4 to 6 percent.
Vahrenholt: "We assume that we will almost double sales every two years and that
REpower can therefore realise sales of more than EUR 2.0 billion in 2010."

A conference call for analysts and journalists will be held on 15 November 2007
at 11.30 a.m. (CET). Please use the following dial-in number: +49 (0)30 868 71
410.

Further inquiry note:
Thomas Schnorrenberg
Investor Relations Manager
Telefon: +49(0)40-53930-723
E-Mail: [email protected]

end of announcement euro adhoc 15.11.2007 09:37:59
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emitter: REpower Systems AG
Alsterkrugchaussee 378
D-22355 Hamburg
phone: +49(0)40-539307-0
FAX: +49(0)40-539307-777
mail: [email protected]
WWW: http://www.repower.de
sector: Alternative energy
ISIN: DE0006177033
indexes: Prime All Share, CDAX, Technologie All Share
stockmarkets: regulated dealing/prime standard: Börse Frankfurt, free trade:
Börse Berlin, Börse Hamburg, Börse Stuttgart, Börse Düsseldorf,
Börse München
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | CNE

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