29 Sep '15, 9am

SMA Solar makes second upward revision to sales forecast in 2015: Leading PV inverter manufacturer SMA Solar T...

SMA Solar said that it expected 2015 sales to be in the range of €850 million to €900 million, up from previous guidance of €800 million to €850 million. Image: SMA Solar Leading PV inverter manufacturer SMA Solar Technology has revised upwards its sales and earnings forecast in 2015 for a second time this year. SMA Solar said that it expected 2015 sales to be in the range of €850 million to €900 million, up from previous guidance of €800 million to €850 million. As a result it expected to achieve an EBIT of breakeven to €10 million, compared to previous guidance of a loss of €25 million to breakeven for the year. Pierre-Pascal Urbon, SMA chief executive chief financial officer said: “SMA has achieved a sustainable turnaround within a short space of time. Due to the SMA Group’s extensive transformation in the current fiscal year, we are emerging stronger from the years of ...

Full article: http://www.pv-tech.org/news/sma_solar_makes_second_upward...

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