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SMA Solar Technology H1 Net Profit Turns To Loss Of 14.2 Million Euros
SMA Solar Confirms Its 2019 Sales And Earnings Guidance
SMA Solar Technology Q1 EBITDA Falls To EUR 0.6 Mln
SMA Solar Technology AG is a Germany-based developer of photovoltaic (PV) system technology. The Company operates through five segments: Residential, Commercial, Utility, Off-Grid and Storage and Service. The Residential segment focuses on small PV systems for private applications with micro and string inverters, energy management solutions, storage systems and communication products and accessories. The Commercial segment provides three-phase string inverters, energy management solutions, medium-voltage technology and other accessories. The Utility segment specializes in large-scale PV power plants with central inverters, and also provides grid services. The Off-Grid and Storage segment offers system technology for the integration of different battery technologies and power classes and collaborates with battery manufacturers and companies in the automotive industry. The Service segment comprises service and maintenance, operational management and the spare parts business.
Independent Chairman of the Supervisory Board
Chairman of the Management Board, Chief Executive Officer, Chief Operating Officer, Chief Technology Officer
Deputy Chairman of the Supervisory Board
Management Board for Finance, Human Resources and Legal
Member of the Supervisory Board
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SMA Solar, Germany's largest solar group, on Monday named Juergen Reinert, deputy chief executive and board member for operations and technology, as its new CEO, replacing Pierre-Pascal Urbon, who is leaving after seven years at the helm.
* Shares fall to lowest level since late-July 2017 (Recasts, adds shares, context)
SMA Solar, Germany's largest solar company, on Thursday said it expected a shortage of chips needed for the production of solar inverters to ease in the second half of the year, which the company said would lead to higher sales.
A drug being co-developed by Roche to treat spinal muscular atrophy (SMA) helped improve development scores in babies with the genetic disease, a study released on Monday showed, as the race heats up for therapies destined to be among the drug industry's most expensive.
SMA Solar, Germany's largest solar company, on Wednesday said first-quarter operating profit rose 72 percent, boosted by stronger demand for solar equipment in Europe and Asia.
SMA Solar <S92G.DE>, Germany's largest solar group, is very active in Saudi Arabia's solar market, its chief executive said, adding the group was so far not involved in a landmark project announced earlier by SoftBank Group Corp <9984.T>.
SMA Solar, Germany's largest solar group, is very active in Saudi Arabia's solar market, its chief executive said, adding the group was so far not involved in a landmark project announced earlier by SoftBank Group Corp.
* CEO SAYS NOT PLANNING TO BUY SMALL PLAYERS TO BOLSTER OUR POSITION, WE ARE PRESENT IN ALL KEY MARKETS AND SEGMENTS
SMA Solar, Germany's largest solar group, expects sales and profits to rise in the first quarter, it said on Wednesday, helped by a pickup in demand in Europe and Asia.
* 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
SMA Solar <S92G.DE>, Germany's largest solar group, expects the industry to take a just a small hit from import tariffs imposed by U.S. President Donald Trump this week, sending its shares to an 11-week high.
SMA Solar, Germany's largest solar group, expects the global solar market to take a small hit from import tariffs imposed by U.S. President Donald Trump earlier this week, it said on Friday.
* DGAP-NEWS: SMA SOLAR TECHNOLOGY AG AND DANFOSS A/S CONNECT SUPERMARKETS WITH THE ENERGY SECTOR
* Shares fell on Tuesday after U.S. tariffs on panel imports (Adds details on 2017 sales, shares)
* ENTERED INTO A PURCHASE AGREEMENT WITH SUNRUN, ONE OF TOP RESIDENTIAL SOLAR INSTALLERS Source text for Eikon: Further company coverage: (Gdynia Newsroom)
Germany's SMA Solar <S92G.DE> said on Thursday its full-year sales would be at the bottom of its target range due to an industry-wide shortage of chips for inverters that will continue into 2018.
* Ceo says 2018 sales will likely be impacted by supply issues, currently looking to contract additional suppliers of key components
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.
Germany's Siemens said on Tuesday it would end a cooperation with SMA Solar at the end of the year and build its own solar inverters in India.
* Shares indicated 2.9 pct lower (Adds shares, CEO comment, context)
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.