SMA Solar Technology AG : An additional dose of caution on the medium and the long term
>Contact with the company prompts us towards additional caution in the medium and long term - Following a company contact with the IR team, we were able to recap on the reasons for the profit warning announced by the group in the middle of last week. Given the ‘wait-and-see’ attitude of customers in the Home Solutions and C&I segments, and the political risks that could depress demand and even momentum in the Large Scale segment, we prefer to err on the side of cauti...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.
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