Report
Anis Zgaya ...
  • Louis Boujard, CFA

SMA Solar Technology AG : Towards a more normative product mix in 2024

>Message on order intake unchanged - The group’s message has remained more or less unchanged since last year. The group still anticipates a resumption of order intake in the residential (Home Solutions) and commercial (C&I) segments before the end of Q2 vs slightly negative in Q4 (some postponements and cancellations). This anticipated return of new orders is due to the continued running-down of stocks built up by installers and underlying demand that remains on a po...
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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