Edition:
United Kingdom

SMA Solar Technology AG (S92G.DE)

S92G.DE on Xetra

24.18EUR
9:53am BST
Change (% chg)

€-0.50 (-2.03%)
Prev Close
€24.68
Open
€24.78
Day's High
€24.78
Day's Low
€24.00
Volume
10,074
Avg. Vol
73,497
52-wk High
€42.68
52-wk Low
€14.53

Latest Key Developments (Source: Significant Developments)

SMA Solar 9M Sales At EUR 575.1 Million
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - SMA Solar Technology AG ::9M SALES FELL 2.9 PERCENT TO 575.1 MILLION EUR.9-MONTH SALES AT EUR575.1 MILLION (Q1-Q3 2017: EUR592.5 MILLION).9-MONTH EBITDA) AT EUR50.5 MILLION (Q1-Q3 2017: EUR55.3 MILLION).CONFIRMS ITS SALES AND EARNINGS GUIDANCE FOR CURRENT FISCAL YEAR.SAYS 9 MONTHS EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION (EBITDA) AT EUR50.5 MILLION (Q1-Q3 2017: EUR55.3 MILLION.NET RESULT AMOUNTED TO EUR8.5 MILLION FROM JANUARY TO SEPTEMBER 2018 (Q1-Q3 2017: EUR25.0 MILLION).SAYS CONSOLIDATED NET RESULT AMOUNTED TO EUR8.5 MILLION FROM JANUARY TO SEPTEMBER 2018 (Q1-Q3 2017: EUR25.0 MILLION).SAYS FOR 2018, WE EXPECT A MARKET SLUMP OF 26% IN CHINA, WORLD'S LARGEST PHOTOVOLTAIC MARKET.SAYS CONFIRMS ITS SALES AND EARNINGS GUIDANCE FOR FISCAL YEAR 2018 ADJUSTED ON SEPTEMBER 27, 2018.  Full Article

SMA Solar Says To Adjust Structure
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - SMA Solar Technology AG ::DGAP-NEWS: MANAGING BOARD OF SMA SOLAR TECHNOLOGY AG LOWERS GUIDANCE FOR THE CURRENT FISCAL YEAR.HAS DECIDED TO ADJUST COMPANY'S STRUCTURES.WILL INTRODUCE PRODUCT INNOVATIONS IN MAJOR PHOTOVOLTAIC MARKETS IN COMING MONTHS AND INTO 2019 THAT WILL ALLOW IT TO COUNTER INCREASING PRICE PRESSURE IN COMPONENTS BUSINESS.WILL ALSO MAKE STRUCTURAL ADJUSTMENTS IN MEDIUM TERM TO BE ABLE TO REACT EVEN MORE FLEXIBLY TO MARKET-SPECIFIC CHANGES.PLANNED MEASURES ARE TO BE ADOPTED BY END OF YEAR.MEASURES CONCERN REDUCTION OF COMPLEXITY IN AREAS OF OPERATIONS AND TECHNOLOGY, OUTSOURCING OF ACTIVITIES, GLOBAL ADJUSTMENT OF ADMINISTRATIVE AREAS.IS WELL EQUIPPED TO BENEFIT FROM EXPECTED MARKET CONSOLIDATION AND TO QUICKLY RETURN TO PROFITABILITY.  Full Article

SMA Solar U.S. market remained below expectations in Q1
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Sma Solar ::CEO SAYS NOT PLANNING TO BUY SMALL PLAYERS TO BOLSTER OUR POSITION, WE ARE PRESENT IN ALL KEY MARKETS AND SEGMENTS.CFO SAYS U.S. MARKET REMAINED BELOW EXPECTATIONS IN Q1; EUROPE, APAC DEVELOPING NICELY.  Full Article

SMA Solar proposes a dividend of 0.35 euros a share
Wednesday, 28 Mar 2018 

March 28 (Reuters) - SMA Solar ::DGAP-NEWS: SMA SOLAR TECHNOLOGY AG SETS NEW SALES RECORD IN 2017, ACHIEVES TOP END OF EARNINGS GUIDANCE AND ANTICIPATES POSITIVE BUSINESS PERFORMANCE IN 2018.DIVIDEND 0.35 EURPER SHARE VERSUS 0.26 EURPER SHARE YEAR AGO.FY SALES 891 MILLION EUR.‍MANAGING BOARD AND SUPERVISORY BOARD RECOMMEND DIVIDEND PAYMENT OF EUR0.35 PER SHARE (2016: EUR0.26 PER SHARE)​.‍MANAGING BOARD ANTICIPATES SALES OF APPROXIMATELY EUR180 MILLION AND EBITDA OF APPROXIMATELY EUR18 MILLION IN Q1 OF 2018 AND CONFIRMS SALES AND EARNINGS GUIDANCE FOR YEAR AS A WHOLE​.‍SMA SOLAR TECHNOLOGY AG (SMA/FWB: S92) GENERATED A NEW SALES RECORD IN 2017 WITH AROUND 8.5 GW OF INVERTER OUTPUT SOLD (2016: 8.2 GW).​.‍EBITDA AMOUNTED TO EUR97.3 MILLION (EBITDA MARGIN: 10.9%; 2016: EUR141.5 MILLION, 14.9%) AND WAS THEREFORE AT TOP END OF GUIDANCE​.‍ALL SEGMENTS WERE PROFITABLE IN LAST FISCAL YEAR.​.‍NET INCOME WAS AT PREVIOUS YEAR'S LEVEL AT EUR30.1 MILLION (2016: EUR29.6 MILLION)​.‍EARNINGS PER SHARE THUS AMOUNTED TO EUR0.87 (2016: EUR0.85)​.‍DUE TO ITS ATTRACTIVE BUSINESS MODEL AND INCREASED FLEXIBILITY, SMA GENERATED HIGH OPERATING CASH FLOW OF EUR116.8 MILLION (2016: EUR147.5 MILLION)​.‍FOR Q1 OF 2018, SMA MANAGING BOARD IS ANTICIPATING SALES OF APPROXIMATELY EUR180 MILLION (Q1 2017: EUR173.2 MILLION)​.‍FOR Q1 OF 2018, SMA MANAGING BOARD IS ANTICIPATING EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION (EBITDA) OF APPROXIMATELY EUR18 MILLION (Q1 2017: EUR15.9 MILLION)​.  Full Article

SMA Solar 2018 sales likely to be impacted by supply issues-CEO
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Sma Solar :Ceo says 2018 sales will likely be impacted by supply issues, currently looking to contract additional suppliers of key components.Ceo says supply problem is about insufficient availability of components.Ceo says business we have secured in utility segment in united states is quite promising.Cfo says could reach high end of our 2017 ebitda outlook.  Full Article

German stocks - Factors to watch on May 28

BERLIN/FRANKFURT, May 28The following are some of the factors that may move German stocks on Tuesday: