Webinar: Technischer Ausblick auf das 2. HJ mit Jörg Scherer von HSBC. Wie geht es bei DAX®, Öl und Gold weiter?
Am 27.6. um 18:30 Uhr reinschalten!
09.05.2019 07:00

DGAP-News: SMA Solar Technology AG to Break Even in the First Quarter of 2019


DGAP-News: SMA Solar Technology AG / Key word(s): Quarterly / Interim Statement/Quarter Results
SMA Solar Technology AG to Break Even in the First Quarter of 2019

09.05.2019 / 07:00
The issuer is solely responsible for the content of this announcement.

SMA Solar Technology AG - Corporate News

SMA Solar Technology AG to Break Even in the First Quarter of 2019

Overview Q1 2019:

- Inverter output sold at same level as previous year with 1.8 GW (Q1 2018: 1.8 GW)

- Sales of EUR167.8 million (Q1 2018: EUR182.5 million) and EBITDA of EUR0.6 million (Q1 2018: EUR17.5 million) in line with the Managing Board's guidance

- Financial stability thanks to solid equity ratio of 42.2% (December 31, 2018: 42.9%) and high net cash of EUR290.3 million (December 31, 2018: EUR305.5 million)

- High order backlog of EUR619.8 million, of which EUR233.2 million is attributable to the product business

- Cost reduction program develops as planned

- Managing Board confirms its sales and earnings guidance for fiscal year 2019

Niestetal, May 9, 2019 - In the first quarter of 2019, SMA Solar Technology AG (SMA/FWB: S92) sold PV inverters with a total output of around 1.8 GW (Q1 2018: 1.8 GW). Sales decreased by 8.1% compared with the first three months of the previous year to EUR167.8 million (Q1 2018: EUR182.5 million). This is attributable in particular to the still weak project business in the first quarter, whereas sales with string inverters was on a par with the previous year. From January to March 2019, EBITDA amounted to EUR0.6 million (EBITDA margin: 0.4%; Q1 2018: EUR17.5 million, 9.6%). Sales and earnings in the first quarter were in line with the Managing Board's guidance published on March 28, 2019. Order intake developed positively in all segments in the first quarter. On this basis, the Managing Board is expecting a significant increase in sales and earnings particularly in the second half of the year.

Net income amounted to -EUR10.6 million in the first quarter of 2019 (Q1 2018: EUR 2.8 million). Earnings per share thus amounted to -EUR0.30 (Q1 2018: EUR0.08). With net cash of EUR290.3 million (December 31, 2018: EUR305.5 million) and an equity ratio of 42.2% (December 31, 2018: 42.9%), SMA continues to have a solid balance-sheet structure.

"In the first quarter of 2019, SMA's sales and earnings remained down year on year, as the Management Board had predicted," said SMA Chief Executive Officer Jürgen Reinert. "At the same time, order intake has developed particularly well in all segments in recent months. As of March 31, our product-related order backlog rose by 33% to EUR233.2 million compared to the end of the previous year. In the utility segment in particular, we are experiencing an extremely positive development, which will have an impact on sales and earnings in the second half of the year. The implementation of our measures to reduce SMA's costs by approximately EUR40 million per year is progressing as planned. With our SMA Energy Systems, we are also positioning ourselves as a system provider with perfectly matched and modularly extendable photovoltaic, storage and digital energy solutions for residential, commercial and industrial applications, thus opening up further sales potential."

The SMA Managing Board confirms its sales and earnings guidance for the 2019 fiscal year, which forecasts sales of between EUR800 million and EUR880 million and EBITDA of between EUR20 million and EUR50 million. The Managing Board estimates that depreciation and amortization will amount to approximately EUR50 million.

The quarterly statement for January to March 2019 can be found at SMA's Annual General Meeting will be held in Kassel on May 28, 2019.

About SMA
As a leading global specialist in photovoltaic system technology, the SMA Group is setting the standards today for the decentralized and renewable energy supply of tomorrow. SMA's portfolio contains a wide range of efficient PV inverters, holistic system solutions for PV systems of all power classes, intelligent energy management systems and battery-storage solutions as well as complete solutions for PV diesel hybrid applications. Digital energy services as well as extensive services up to and including operation and maintenance services for PV power plants round off SMA's range. SMA inverters with a total output of around 75 gigawatts have been installed in more than 190 countries worldwide. SMA's multi-award-winning technology is protected by more than 1,200 patents and utility models. Since 2008, the Group's parent company, SMA Solar Technology AG, has been listed on the Prime Standard of the Frankfurt Stock Exchange (S92) and is listed in the SDAX index.

SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal

Head of Corporate Communications:
Anja Jasper
Tel. +49 561 9522-2805

Press Contact:
Susanne Henkel
Manager Corporate Press
Tel. +49 561 9522-1124

This corporate news serves only as information and does not constitute an offer or invitation to subscribe for, acquire, hold or sell any securities of SMA Solar Technology AG (the "Company") or any present or future subsidiary of the Company (together with the Company, the "SMA Group") nor should it form the basis of, or be relied upon in connection with, any contract to purchase or subscribe for any securities in the Company or any member of the SMA Group or commitment whatsoever. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended.

This corporate news can contain future-oriented statements. Future-oriented statements are statements which do not describe facts of the past. They also include statements about our assumptions and expectations. These statements are based on plans, estimations and forecasts which the Managing Board of SMA Solar Technology AG (SMA or company) has available at this time. Future-oriented statements are therefore only valid on the day on which they are made. Future-oriented statements by nature contain risks and elements of uncertainty. Various known and unknown risks, uncertainties and other factors can lead to considerable differences between the actual results, the financial position, the development or the performance of the corporation and the estimates given here. These factors include those which SMA has discussed in published reports. These reports are available on the SMA website at The company accepts no obligation whatsoever to update these future-oriented statements or to adjust them to future events or developments.

09.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at

Language: English
Company: SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal
Phone: +49 (0)561 / 9522 - 0
Fax: +49 (0)561 / 9522 - 100
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 808651

End of News DGAP News Service

808651  09.05.2019 


Nachrichten zu SMA Solar AG

  • Relevant
  • Alle
  • vom Unternehmen
  • Peer Group
  • ?

Um Ihnen die Übersicht über die große Anzahl an Nachrichten, die jeden Tag für ein Unternehmen erscheinen, etwas zu erleichtern, haben wir den Nachrichtenfeed in folgende Kategorien aufgeteilt:

Relevant: Nachrichten von ausgesuchten Quellen, die sich im Speziellen mit diesem Unternehmen befassen

Alle: Alle Nachrichten, die dieses Unternehmen betreffen. Z.B. auch Marktberichte die außerdem auch andere Unternehmen betreffen

vom Unternehmen: Nachrichten und Adhoc-Meldungen, die vom Unternehmen selbst veröffentlicht werden

Peer Group: Nachrichten von Unternehmen, die zur Peer Group gehören

Analysen zu SMA Solar AG

  • Alle
  • Buy
  • Hold
  • Sell
  • ?
22.05.2019SMA Solar HaltenIndependent Research GmbH
29.03.2019SMA Solar HaltenIndependent Research GmbH
29.03.2019SMA Solar ReduceOddo BHF
28.01.2019SMA Solar ReduceOddo BHF
28.01.2019SMA Solar HaltenIndependent Research GmbH
05.07.2016SMA Solar Technology buyWarburg Research
12.05.2016SMA Solar Technology buyWarburg Research
11.04.2016SMA Solar Technology kaufenIndependent Research GmbH
11.04.2016SMA Solar Technology buyOddo Seydler Bank AG
11.04.2016SMA Solar Technology buyWarburg Research
22.05.2019SMA Solar HaltenIndependent Research GmbH
29.03.2019SMA Solar HaltenIndependent Research GmbH
28.01.2019SMA Solar HaltenIndependent Research GmbH
03.12.2018SMA Solar HaltenIndependent Research GmbH
14.11.2018SMA Solar HaltenIndependent Research GmbH
29.03.2019SMA Solar ReduceOddo BHF
28.01.2019SMA Solar ReduceOddo BHF
28.09.2018SMA Solar ReduceOddo BHF
14.05.2018SMA Solar VerkaufenIndependent Research GmbH
03.04.2018SMA Solar VerkaufenIndependent Research GmbH

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für SMA Solar AG nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"

Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"

Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"
mehr Analysen

Spannende Immobilientrends

Was sind die derzeit spannendsten Entwicklungen am Immobilienmarkt? Und wie investieren Sie besonderes chancenreich? Das und mehr erfahren Sie im Webinar mit Zoltan Szelyes ab 11 Uhr. Jetzt kostenlos anmelden!
Börse Stuttgart Anlegerclub

Die richtige Strategie für die Börsenkrise

Stecken Sie nicht den Sand in den Kopf, sondern kaufen Sie die richtigen Aktien. Erfahren Sie im aktuellen Anlegermagazin mehr über attraktive Qualitätsaktien und zyklische Aktien
Kostenfrei registrieren und lesen!

Heute im Fokus

DAX vorbörslich höher -- Asiens Börsen im Plus -- Bayer-Aktie schießt nachbörslich hoch: Hedgefonds-Investor Elliott legt Milliardenbeteiligung an Bayer offen

Neues Softwareproblem bei der Boeing 737 Max. Deutsche Bank erneut bei US-Stresstest unter Druck. Swiss Re strebt ReAssure-Bewertung von bis zu 3,3 Mrd Pfund an. Deutsche Bank anscheinend vor Einigung über Arbeitsplatzabbau. TLG IMMOBILIEN will mit Kapitalerhöhung zu frischem Geld kommen.

Die 5 beliebtesten Top-Rankings

Diese Sternchen haben ihren eigenen Aktien-Index
Diese Aktien hat Warren Buffett im Depot
Die Änderungen unter den Top-Positionen
Die erfolgreichsten Kinofilme der letzten 25 Jahre
Welche Titel knackten die Milliardenmarke an den Kinokassen?
In diesen Berufen bekommt man das niedrigste Gehalt
Welche Branchen man besser meiden sollte.
DIe innovativsten Unternehmen
Diese Unternehmen sind am fortschrittlichsten
mehr Top Rankings


Die USA suchen Verbündete gegen den Iran. Sollte sich Deutschland einer solchen Allianz anschließen?

Online Brokerage über Brokerage
Handeln Sie für nur 5 Euro Orderprovision* pro Trade aus der Informationswelt von!


Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.
Zur klassischen Ansicht wechseln
Kontakt - Impressum - Werben - Pressemehr anzeigen
Top News
Beliebte Suchen
DAX 30
Euro US-Dollar
Wirecard AG747206
Deutsche Bank AG514000
Daimler AG710000
Infineon AG623100
thyssenkrupp AG750000
Microsoft Corp.870747
Apple Inc.865985
Siemens AG723610
Lufthansa AG823212