SMA Solar Technology AG : The restructuring plan is necessary but not sufficient without a recovery in demand
>Integration of the restructuring plan in 2024, and estimates almost unchanged in 2025 and 2026 - We factored the cost of the restructuring plan into our estimates for 2024. We now expect revenues of € 1,489m, down 5.3% on our previous estimates (versus new guidance for between € 1,450m and € 1,500m), EBITDA of -€ 16.4m versus € 108m previously (guidance between -€ 20m and € 20m), EBIT of -€ 85m (guidance between -€ 100m and -€ 50m) and an attributable net result of ...SMA Solar Technology is a holding company. Through its subsidiaries, Co. operates in five divisions: Medium Power Solutions, which distributes inverters, system solutions as well as products used for monitoring PV systems and energy management; Power Plant Solutions, which supplies central inverters and system solutions to PV plants; Service, which provides customers in Germany and abroad with support and after-sales services; Zeversolar, which serves the Chinese photovoltaic market and the budget market (low-price segment) in foreign markets; and Railway Technology, which manufactures converters as individual devices and energy supply systems for railway coaches.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.