SMA

/NIESTETAL, GERMANY, March 13, 2023, 11:15 GMT, SMA/ Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92) has presented provisional, non-audited figures for 2022 as a whole. The figures report that SMA group sales rose by 8.4% year on year to €1,065.9 million (2021: €983.4 million) despite pronounced procurement supply shortages. Earnings before interest, taxes and depreciation (EBITDA) increased significantly to €70.0 million from €8.5 million in the 2021 fiscal year. This corresponds to an EBITDA margin of 6.6% (2021: 0.9%).

/15th February 2019, Jason Deign/ German solar inverter maker SMA Solar Technology this month gave 260,000 customers the ability to claim a cryptocurrency called SolarCoin in exchange for solar energy. The scheme, available as a feature in SMA’s Sunny Portal software for Webconnect and Sunny Home Manager customers, allows PV system owners to collect a SolarCoin for every megawatt-hour of solar energy produced.

/28th March 2018, DGAP-News/. SMA Solar Technology AG (SMA/FWB: S92) generated a new sales record in 2017 with around 8.5 GW of inverter output sold (2016: 8.2 GW). SMA Group sales were below the previous year's level at EUR891.0 million (2016: EUR946.7 million). The decline was caused primarily by the sharp decline in demand in the U.S. utility market which could not be compensated for by the positive development in the Asian and European business.