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REpower Systems SE

REpower Systems AG announces financial figures for the first half year 2007

Hamburg (euro adhoc) -

	Sales increase to EUR 200.2 million
	Orders on hand jump over 1,000 MW
	More than 300 new jobs created
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
stock market/Half year report
Hamburg, 14 August 2007. REpower Systems AG
(WKN 617703) increased sales  by 12.2% to EUR 200.2 million in the 
first half of 2007 compared with EUR 178.5 million in the same period
of the previous year. The operating result (EBIT) was at EUR 0.3 
million compared to EUR 2.4 million in the reference period 2006. 
Orders on hand once more increased significantly from 821.5 MW in 
2006 to 1,028 MW. In the light of the high number of orders, REpower 
anticipates that the strong growth course will continue in 2008 and 
2009 and has therefore hired 336 new employees since 30 June 2006.
In the period from January to June 2007, REpower Systems AG 
recognised 84 turbines with a total output of 161.0 megawatts in 
income. In the previous year, REpower had installed 125 turbines with
a total rated output of 233.0 MW and 17 turbines that were already 
recognised in line with the percentage of completion method in 2005. 
As it was the case in the first quarter, this decline originated from
delays on the part of suppliers. As a result of these delays, a large
number of wind energy turbines was not fully completed as of the 
balance sheet date. As these turbines are measured in line with their
degree of completion, the low number of installations had only a 
limited impact on the Group?s total operating performance, sales and 
earnings.
The Group?s total operating revenue amounted to EUR 230.9 million, 
compared with the total operating revenue of EUR 178.5 million 
recorded in the first half of 2006. Sales increased year-on-year from
EUR 178.5 million to EUR 200.2 million. Earnings before interest and 
taxes (EBIT) for the period from January to June amounted to EUR 
330.0 thousand, compared with EUR 2,373.5 thousand in the same period
of the previous year. Net earnings amounted to EUR 43.8 thousand in 
the first six months of 2007 compared to EUR 944.3 thousand.
Improved financial management and the rise in cash generated an 
increase in interest income. As a consequence, the financial result 
improved year-on-year from EUR ?0.9 million to EUR 0.7 million.
At the end of the period under review, the order backlog consisted of
509 wind energy turbines (previous year: 430) with a total rated 
output of 1,028.0 megawatts (previous year: 821.5 megawatts), an 
increase of 25.2 percent. Orders with a total volume of 408 MW, which
have been announced in the last six weeks, are not included. The 
order backlog was revised by one order of all in all 50 MM70 turbines
as REpower no longer considers it probable that this project will be 
implemented.
In order to face the continuing growth, REpower has hired 336 new 
employees since 30 June 2006, thereof 86 outside Germany. As of 30 
June 2007, the REpower Systems Group had a workforce of 1,010 as 
against 674 in the same period of the previous year.
REpower is expecting sales volume to rise to EUR 650 million in 2007 
with an EBIT margin between 3.0% and 4.5%. For 2008, REpower plans to
increase sales to EUR 900 million with a further improved EBIT 
margin.
A telephone conference for analysts and journalists will take place 
on 14 August 2007 at 10 am (CET). The dial-in number is +49-30-86 871
790. The original conference call recording can be downloaded from 
our website www.repower.de.
end of announcement                               euro adhoc 14.08.2007 08:23:35

Further inquiry note:

Thomas Schnorrenberg
Investor Relations Manager
Telefon: +49(0)40-53930-723
E-Mail: t.schnorrenberg@repower.de

Branche: Alternative energy
ISIN: DE0006177033
WKN: 617703
Index: Prime All Share, CDAX, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade

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