EQS-News: SMA Group concludes the 2023 fiscal year extremely successfully with strong fourth quarter in the Large Scale & Project Solutions segment
The figures report that the SMA Group’s sales significantly rose by 78.6% year on year to €1,904.1 million (2022: €1,065.9 million).
- The figures report that the SMA Group’s sales significantly rose by 78.6% year on year to €1,904.1 million (2022: €1,065.9 million).
- Earnings before interest, taxes, depreciation and amortization (EBITDA) increased even sharply to €311.0 million from €70.0 million in the 2022 fiscal year.
- Earnings before interest and taxes (EBIT) rose from €31.9 million in the 2022 fiscal year to €269.5 million (EBIT margin in 2023: 14.2%; 2022: 3.0%).
- “In the fourth quarter of 2023, we once again significantly increased sales in the Large Scale & Project Solutions segment and even exceeded the upper end of our sales forecast,” said SMA CEO Jürgen Reinert.