Niestetal

EQS-News: SMA Group reports extraordinarily strong 2023

Retrieved on: 
Wednesday, April 10, 2024
Consolidated, Power inverter, Niestetal, SMA Solar Technology, SMA, C&I, Commercial, Annual report, Financial statement, Cryptocurrency

EBIT climbed from €31.9 million in the 2022 fiscal year to €269.5 million (EBIT margin 2023: 14.2%; 2022: 3.0%).

Key Points: 
  • EBIT climbed from €31.9 million in the 2022 fiscal year to €269.5 million (EBIT margin 2023: 14.2%; 2022: 3.0%).
  • Inverter output sold in 2023 as a whole was 20.5 GW (2022: 12.2 GW).
  • A share of 2.0% was attributable to the Americas region (2022: 8.3%) and 1.1% to the APAC region (2022: 5.0%).
  • SMA published its audited Consolidated Financial Statements and the Annual Report for 2023 today and will explain the business development during a virtual press conference at 10:00 a.m. and a conference call for analysts and investors at 1:30 p.m.

EQS-News: SMA Group concludes the 2023 fiscal year extremely successfully with strong fourth quarter in the Large Scale & Project Solutions segment

Retrieved on: 
Wednesday, March 13, 2024
Annual report, Investment, Growth, Financial statement, Niestetal, SMA, SMA Solar Technology, Commercial, Power inverter, Consolidated, Tax, Depreciation

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).

Key Points: 
  • 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.

EQS-News: SMA responds to inaccurate and misleading report by NINGI Research

Retrieved on: 
Wednesday, December 20, 2023
SMA Solar Technology, SMA, Niestetal

Niestetal, December 18, 2023 – With this statement published today, SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92) comments on a report issued by NINGI Research (“Ningi”).

Key Points: 
  • Niestetal, December 18, 2023 – With this statement published today, SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92) comments on a report issued by NINGI Research (“Ningi”).
  • The report contains a number of inaccurate allegations about SMA’s reporting practices.
  • Ningi’s assertions completely lack merit and are misleading to the public and in particular investors and analysts.
  • SMA reports its financial figures in accordance with international reporting standards (IFRS) and adheres to the highest standards of corporate governance.

EQS-News: SMA Group reports strong sales and earnings growth after first nine months of the year

Retrieved on: 
Thursday, December 14, 2023
Consensus, Vorstand, Tax, Consensus decision-making, SMA Solar Technology, CFO, Commercial, EBIT, Elevate p/b Home Solution–Soenens, SMA, EBITDA, Depreciation, Niestetal, Cryptocurrency, Beauty salon, Renewable energy

In the first nine months of 2023, consolidated sales increased by 84.7% overall to €1,337.4 million (9M 2022: €724.1 million).

Key Points: 
  • In the first nine months of 2023, consolidated sales increased by 84.7% overall to €1,337.4 million (9M 2022: €724.1 million).
  • The Home Solutions segment more than doubled its sales to €486.2 million after the first nine months of the year (9M 2022: €229.3 million).
  • The Commercial & Industrial Solutions segment also increased its sales significantly by 74.4%, from €191.3 million to €333.7 million.
  • The SMA Managing Board confirms its sales and earnings guidance for the 2023 fiscal year, as adjusted upward again on October 4, 2023.

EQS-News: SMA Group continues on growth path: First half year with significant increase in sales and earnings as well as faster profitability improvement in all segments

Retrieved on: 
Thursday, August 10, 2023
SMA, G, Tax, EBIT, Vorstand, Niestetal, CG Power and Industrial Solutions, EBITDA, SMA Solar Technology, Elevate p/b Home Solution–Soenens, Project, CFO, Depreciation, Commercial, Drug, Video game, Cryptocurrency, Beauty salon

SMA Group continues on growth path: First half year with significant increase in sales and earnings as well as faster profitability improvement in all segments

Key Points: 
  • SMA Group continues on growth path: First half year with significant increase in sales and earnings as well as faster profitability improvement in all segments
    The issuer is solely responsible for the content of this announcement.
  • The Home Solutions segment more than doubled its sales to €327.3 million (H1 2022: €135.5 million) in the first half of the year.
  • Earnings before interest, taxes, depreciation and amortization (EBITDA) also increased significantly from €15.9 million in the first half of 2022 to €125.3 million.
  • The SMA Group is solidly financed and generated a positive free cash flow of €80.6 million in the first half of 2023.

EQS-News: SMA Group continues to grow: Significant increase in sales and earnings in the first quarter of 2023

Retrieved on: 
Thursday, May 11, 2023
SMA, G, Tax, EBIT, Vorstand, Niestetal, CG Power and Industrial Solutions, EBITDA, SMA Solar Technology, Investment, Elevate p/b Home Solution–Soenens, Depreciation, Growth, Commercial, Drug, Video game, Cryptocurrency

SMA Group continues to grow: Significant increase in sales and earnings in the first quarter of 2023

Key Points: 
  • SMA Group continues to grow: Significant increase in sales and earnings in the first quarter of 2023
    The issuer is solely responsible for the content of this announcement.
  • From January to March 2023, the SMA Group reported a 66.5% increase in sales to €367.2 million (Q1 2022: €220.6 million).
  • The Commercial & Industrial Solutions segment also posted a significant sales increase of 41.9%, from €56.5 million to €80.2 million.
  • We saw a significant increase in sales and earnings across all three segments,” said SMA Chief Executive Officer Jürgen Reinert.

EQS-News: SMA Solar Technology AG Increases Sales and Earnings in Fiscal 2022 and has Raised Full Year Guidance for 2023

Retrieved on: 
Friday, March 31, 2023
SMA, G, Power inverter, Policy, Tax, EBIT, Niestetal, CG Power and Industrial Solutions, EBITDA, Federal Executive Boards, SMA Solar Technology, Annual report, Elevate p/b Home Solution–Soenens, Depreciation, Growth, Commercial, Consolidated, Financial statement, C&I, Cryptocurrency, Video game

“We have successfully concluded the 2022 fiscal year and are very optimistic about further development in the current year.

Key Points: 
  • “We have successfully concluded the 2022 fiscal year and are very optimistic about further development in the current year.
  • The gross margin was up year-on-year at 21.0% (2021: 17.8%), particularly driven by increased profitability in the Home Solutions segment.
  • Earnings before interest, taxes, depreciation and amortization (EBITDA) increased significantly to €70.0 million from €8.5 million in the 2021 fiscal year.
  • Earnings before interest and taxes (EBIT) rose from −€33.2 million in the 2021 fiscal year to €31.9 million (EBIT margin in 2022: 3.0%; 2021: −3.4%).

EQS-News: SMA Solar Technology AG significantly increases sales and earnings in 2022 despite supply shortages and expects positive trend for 2023

Retrieved on: 
Saturday, March 11, 2023
Optimism, EBIT, SMA Solar Technology, Saskatchewan River Sturgeon Management Board, Tax, SMA, Financial statement, Power inverter, Consolidated, EBITDA, Depreciation, Annual report, Bank statement, Niestetal, Retail, Cryptocurrency

The figures report that SMA group sales rose by 8.4% year on year to €1,065.9 million (2021: €983.4 million) despite pronounced procurement supply shortages.

Key Points: 
  • The figures report that SMA group sales rose by 8.4% year on year to €1,065.9 million (2021: €983.4 million) despite pronounced procurement supply shortages.
  • Earnings before interest, taxes and depreciation (EBITDA) increased significantly to €70.0 million from €8.5 million in the 2021 fiscal year.
  • The persistently high demand and gradual improvements in the supply of electronic components were both contributing factors to this positive performance.
  • Earnings before interest and taxes (EBIT) rose from −€33.2 million in the 2021 fiscal year to €31.9 million (EBIT margin in 2022: 3.0%; 2021: -3.4%).

EQS-News: SMA group improves sales and earnings level in Q3 2022 and sees positive trend for final quarter

Retrieved on: 
Friday, November 11, 2022
SMA, PV, GW, Digital, Plant, Depreciation, SMA Solar Technology, Niestetal, Vorstand, G, Solution, EBITDA, Watt, CG Power and Industrial Solutions, Frankfurt Stock Exchange, Tax, SDAX, TecDAX, Commercial, Animal, Renewable energy

SMA sold inverters with a total output of approximately 8.7 GW and generated 724.1million in sales from January to September 2022 (Q1-Q3 2021: 744.9million).

Key Points: 
  • SMA sold inverters with a total output of approximately 8.7 GW and generated 724.1million in sales from January to September 2022 (Q1-Q3 2021: 744.9million).
  • The slight year-on-year decline in sales was mainly due to project delays in the Large Scale & Project Solutions segment.
  • In contrast, sales in the Home Solutions and Commercial & Industrial Solutions segments increased despite the challenges posed by the shortage of components.
  • We are also expecting to see an improvement in incoming orders for the Large Scale & Project Solutions segment with corresponding contributions to sales and earnings for the SMA group.

EQS-News: Managing Board of SMA Solar Technology AG raises earnings forecast for current fiscal year

Retrieved on: 
Friday, October 28, 2022
EBITDA, Commercial, Digital, PV, Depreciation, Vorstand, SMA, TecDAX, Watt, CG Power and Industrial Solutions, EBIT, Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, G, Frankfurt Stock Exchange, SMA Solar Technology, SDAX, Tax, Niestetal, Sale, Solution, Plant, Renewable energy

Niestetal, October 27, 2022 The Managing Board of SMA Solar Technology AG (SMA/FWB: S92) has raised its earnings forecast for the fiscal year 2022.

Key Points: 
  • Niestetal, October 27, 2022 The Managing Board of SMA Solar Technology AG (SMA/FWB: S92) has raised its earnings forecast for the fiscal year 2022.
  • The new forecast predicts operating earnings before interest, taxes, depreciation and amortization (EBITDA) of 60 million to 75 million (previously: 10 million to 60 million).
  • For the operating earnings before interest and taxes (EBIT), the Managing Board expects a range of 22 million to 37 million (previously: 30 million to 20 million).
  • Sales expectations in the current fiscal year were narrowed by the SMA Managing Board to between 975 million and 1,050 million (previously: 900 million to 1,050 million).