Report
Anis Zgaya ...
  • Louis Boujard, CFA

SMA Solar Technology AG : Q3 is likely to be the weakest quarter of the year and an additional dose of caution for 2025-2026

>Q3 affected by the persistent weakness of the Home Solutions and C&I segments and by a slightly less robust quarter in Large Scale - SMA is scheduled to release its Q3 results on 14 November before the start of trading. We expect Q3 to be poor and the weakest quarter of the year, affected by the persistent weakness of the Home Solutions and C&I segments and by sales in the Large Scale segment being pushed back more toward the end of the year (Q4 is expected to be ve...
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

Louis Boujard, CFA

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