SMA Solar plans to cut costs of €150-200 million (US$168-224 million). Image: SMA Solar. German solar inverter manufacturer SMA Solar has announced plans to conduct a “company-wide restructuring and ...
After stellar financial results in 2023, SMA Solar shares are down almost 90% from their peak in June 2023 and 80% YTD. The company achieved record revenue and profit quadrupled in 2023, but guidance ...
SMA Solar Technology delivered strong financial results for fiscal year 2023, with group sales growing 79% and net income quadrupling. The company's large scale projects segment showed particularly ...
SMA Solar Technology's total shareholder return over the past three years was 4.3% while its EPS grew by 77% over the past three years Under the guidance of CEO Jurgen Reinert, SMA Solar Technology AG ...
SMA Solar Technology has reported a steep decline in sales and profits for the first three quarters of 2024. Revenue dropped by 26% to €1.06 billion, with a more significant 77% decrease in earnings ...
A week ago, SMA Solar Technology AG (ETR:S92) came out with a strong set of second-quarter numbers that could potentially lead to a re-rate of the stock. The company beat forecasts, with revenue of ...
German solar inverter manufacturer SMA Solar will cut 350 jobs in 2026 as it adapts to the “weak” residential PV market. SMA will scrap 300 jobs in Germany and 50 internationally over the course of ...
June 19 (Reuters) - Shares in German solar power parts supplier SMA Solar Technology AG (S92G.DE), opens new tab plunged by 31.7% on Wednesday after it cut its profit guidance on Tuesday night, citing ...
Getting your Trinity Audio player ready... SMA Solar Technology AG, which received a $2 million state and city incentive plan but never cashed it in, said it will start closing its Denver ...
SMA Solar Technology AG is a German holding Company engaged in the solar technology sector. It develops, produces and sells inverters and monitoring systems for photovoltaic applications. The Company ...
SMA is offering a new line of four inverters with power ratings of 12kW, 15kW, 20kW and 25kW, for use in rooftop PV systems up to 135kW in size. It claims the inverters provide grid-compliant power ...