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Germany's SMA Solar warns on sales due to supply shortage
November 9, 2017 / 6:15 AM / a month ago

Germany's SMA Solar warns on sales due to supply shortage

FRANKFURT, Nov 9 (Reuters) - SMA Solar, Germany’s largest solar company, on Thursday warned its full-year sales would come in at the lower end of its target corridor, citing a supply shortage of unspecified critical components.

The company now expects sales of more than 900 million euros ($1.04 billion), down from a previous forecast for sales of 900 million to 950 million euros and in line with the 907 million Thomson Reuters I/B/E/S estimate.

$1 = 0.8619 euros Reporting by Christoph Steitz; Editing by Maria Sheahan

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