SMA Solar Technology AG : The best is yet to come...although we think this is already priced in!
>Weak Q2 2022 results as expected - SMA Solar Technology reported Q2 2022 results yesterday morning, that were lacklustre in line with the consensus expectations. Sales came in at € 251m (+1% on the corresponding period of the previous year). EBITDA was just € 1.1m, (-94%) and in line with the consensus estimate ( € 1.7m). EBIT totalled -€ 8.3m vs the consensus forecast of -€ 8.2m. Net earnings were in negative territory at -€13.6m compared with the consensus foreca...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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