EQS-News: SMA Group kicks off 2024 fiscal year with sales and profitability in line with expectations
Group sales totaled €361.8 million and were thus at the same level as the previous year (Q1 2023: €367.2 million).
- Group sales totaled €361.8 million and were thus at the same level as the previous year (Q1 2023: €367.2 million).
- As planned, the Large Scale & Project Solutions segment posted significant sales growth of €123.7 million in the same quarter of the previous year to €228.7 million in the first quarter of 2024.
- EBIT in the Home Solutions segment fell to –€3.6 million (Q1 2023: €50.3 million) as a result of the decline in sales.
- SMA will discuss its business development during a conference call for analysts and investors at 1:30 p.m. on May 8, 2024.