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Repower hopes to move out of the red
1 February 2006
Despite bad weather at the end of 2005 and supply shortages of key components delaying installation of 25 turbines, Germany's Repower says it beat its target for the year of 200 installed units by one. Last year it installed 166 machines. Gearboxes and rotor shafts are among the components with supply problems, says Repower. In terms of installed capacity, the 366 MW installed in 2005 compares with 274.5 MW in 2004. France was Repower's biggest market, where 129.5 MW was installed, followed by Germany (101 MW), Britain (34 MW), Italy (30 MW), and Portugal (20 MW). The remaining 50 MW went to Japan, China, Australia, Belgium and the Czech Republic. Repower says it will install at least 250 turbines this year in addition to the 25 left over from 2005. It has raised its turnover target to EUR 450 million from EUR 400 million. It anticipates moving out of the red in 2006, with earnings before interest and taxes of about EUR 13 million in 2006.
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