Edition:
India

SMA Solar Technology Q1 EBITDA Falls To EUR 0.6 Mln


Thursday, 9 May 2019 

May 9 (Reuters) - SMA Solar Technology AG ::DGAP-NEWS: SMA SOLAR TECHNOLOGY AG TO BREAK EVEN IN THE FIRST QUARTER OF 2019.Q1 SALES OF EUR167.8 MILLION (Q1 2018: EUR182.5 MILLION).CONFIRMS ITS SALES AND EARNINGS GUIDANCE FOR FISCAL YEAR 2019.Q1 EBITDA OF EUR0.6 MILLION (Q1 2018: EUR17.5 MILLION).Q1 INVERTER OUTPUT SOLD AT SAME LEVEL AS PREVIOUS YEAR WITH 1.8 GW (Q1 2018: 1.8 GW).NET INCOME AMOUNTED TO -EUR10.6 MILLION IN Q1 OF 2019 (Q1 2018: EUR 2.8 MILLION). 

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