BRÈVE

sur SMA Solar Technology AG (isin : DE000A0DJ6J9)

SMA Group Reports Solid First Half of 2024 Amid Challenging Market

Graphique de l'évolution du cours de l'action SMA Solar Technology AG (EBR:S92).

SMA Solar Technology AG reported lower sales and earnings for the first half of 2024 compared to the previous year. Group sales reached €759.3 million, down from €778.9 million in H1 2023. EBITDA also dropped to €80.6 million from €125.3 million the previous year.

The Home Solutions and Commercial & Industrial Solutions segments were significantly impacted by high inventory levels and market challenges. However, the Large Scale & Project Solutions segment saw substantial growth, achieving €535.8 million in sales, up from €257.4 million in H1 2023.

Net income stood at €44.1 million, a decrease from €103.5 million in H1 2023. Free cash flow also fell to -€202.6 million, with net cash decreasing to €65.7 million by June 30, 2024. Despite the hurdles, the company maintained an equity ratio of 42.6%, slightly up from 42.3% at the end of 2023.

The Managing Board reaffirmed its 2024 guidance, projecting sales between €1,550 million and €1,700 million, and EBITDA between €80 million and €130 million.

R. P.

Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.

Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève

Voir toutes les actualités de SMA Solar Technology AG