Put companies on watchlist
SMA Solar Technology AG
ISIN: DE000A0DJ6J9
WKN: A0DJ6J
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

SMA Solar Technology AG · ISIN: DE000A0DJ6J9 · EQS - adhoc news (51 News)
Country: Germany · Primary market: Germany · EQS NID: 1741627
04 October 2023 06:13PM

SMA Solar Technology AG expects very positive sales and earnings development after nine months and raises guidance range for 2023


EQS-Ad-hoc: SMA Solar Technology AG / Key word(s): Quarter Results/Change in Forecast
SMA Solar Technology AG expects very positive sales and earnings development after nine months and raises guidance range for 2023

04-Oct-2023 / 18:13 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Niestetal, October 04, 2023 - Based on preliminary figures, the Managing Board of SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92) expects consolidated revenues of EUR 1.335 million to 1.345 million (9M 2022: EUR 724 million) and EBITDA of EUR 230 to 235 million (9M 2022: EUR 50 million) for the first nine months of 2023. Due to a very positive revenue and earnings development in the Large Scale & Project Solutions and Commercial & Industrial Solutions segments in the third quarter, quarterly revenues are expected to be between EUR 555 million and 565 million (Q3 2022: EUR 252 million) and expected EBITDA between EUR 105 million and 110 million (Q3 2022: EUR 34 million).

Based on the very positive development in the third quarter, the Managing Board is raising the guidance range for the full year 2023 and now expects consolidated sales of EUR 1,800 million to 1,900 million (previously: EUR 1,700 million to 1,850 million) and EBITDA of EUR 285 million to 325 million (previously: EUR 230 million to 270 million).

The quarterly statement for the first nine months 2023 will be published on November 9, 2023.


Contact:

Viona Brandt

Investor Relations

viona.brandt@sma.de

Tel.: +49 175 93 93 320



End of Inside Information

04-Oct-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal
Germany
Phone: +49 (0)561 / 9522 - 0
Fax: +49 (0)561 / 9522 - 100
E-mail: info@sma.de
Internet: http://www.sma.de
ISIN: DE000A0DJ6J9
WKN: A0DJ6J
Indices: MDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1741627

 
End of Announcement EQS News Service

1741627  04-Oct-2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1741627&application_name=news&site_id=boersengefluester
Visual performance / price development - SMA Solar Technology AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.