Report
Anis Zgaya ...
  • Khaled Ben Amor

SMA Solar Technology AG : Nous réitérons notre prudence sur la valeur. OC abaissé à 17.0 € vs 19.0 €

>Résultats 2018 conformes aux chiffres préliminaires - SMA a publié hier ses résultats 2018 définitifs. Ceux-ci sont conformes aux résultats préliminaires déjà publiés : CA à 761 M€, EBITDA à -69 M€ et EBIT à -152 M€. Le résultat net s'est élevé à -175,5 M€ (2017 à - 30,1 M€) en ligne avec nos estimations (- 174 M€). Pour rappel le résultat 2018 a été fortement impacté par des éléments exceptionnels : charges de restructuration de 34 M€, provisions sur créances impayé...
Underlying
SMA Solar Technology AG

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Anis Zgaya

Khaled Ben Amor

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