L R AS Published on Saturday 14 October 2023 - n° 461 - Categories:company results

SMA raises its forecast for 2023

For the first nine months, SMA Solar Technology now expects consolidated sales of between €1.33 and €1.34 billion (last year for the first nine months: €724 million). Ebitda will be between 230 e

t 235 million euros (compared with 50 million euros in 2022) due to a very positive trend in sales and profits in two of the company's divisions in the third quarter. Sales for July to September are expected to be between €555 million and €565 million (€252 million for the same period in 2022). Ebitda is expected to be between €105 million and €110 million (€34 million in 2022).

By 2023, sales are expected to reach €1.8 to €1.9 billion. Ebitda is forecast at between €285 million and €325 million (previously €230 million to €270 million).

https://www.sma.de/en

Photon of 9 October 2023

Editor's note The news from SMA is encouraging. It indicates that the company has found a profitable niche.

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