29 Jan '16, 9am

SMA managing board expects a considerable EBIT increase, sales of between EUR 950 million and EUR 1,050 million

The Managing Board of SMA Solar Technology AG (Niestetal, Germany) is forecasting a considerable increase in earnings before interest and taxes (EBIT) to between EUR 80 million and EUR 120 million in the current fiscal year with sales of between EUR 950 million and EUR 1,050 million. Other topics at today’s Capital Markets Day include the market and competitive situation in the PV inverter sector and SMA’s strategic focus and technological unique selling propositions. SMA focuses on digitalization of the energy industry “With our complete product and service portfolio and our international positioning, SMA can participate in further development in the energy supply sector in all market segments and regions,” explained SMA Chief Executive Officer Pierre-Pascal Urbon. “The digitalization of the energy industry will give rise to new business models, for which we have already ...

Full article: http://www.solarserver.com/solar-magazine/solar-news/curr...

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