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 is well-positioned in the Utility inverter market, especially in Germany and the US, which are growing markets. The stock has been severely affected by a sharp decline in commercial and ...
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 ...
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 ...
It is hard to get excited after looking at SMA Solar Technology's (ETR:S92) recent performance, when its stock has declined 55% over the past three months. But if you pay close attention, you might ...
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 ...
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 ...
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 ...