SMA Solar Technology Adjusts Financial Projections amid Market Challenges

SMA Solar Technology AG, based in Niestetal, Germany, announces a revision of its financial outlook due to a persistent market slowdown in its Home and Commercial & Industrial Solutions segments. The adjustments are also linked to restructuring and transformation initiatives commenced in September 2024, leading to significant one-off effects this fiscal year. These include inventory valuation adjustments and restructuring costs estimated between €100 million and €140 million. Depreciation and amortization are expected to further impact EBIT by €20 million to €30 million.

The company now anticipates EBITDA to range from minus €20 million to €20 million, and EBIT to fall between minus €100 million and minus €50 million. Group revenue projections have been marginally lowered to between €1,450 million and €1,500 million. To address these challenges, operational savings and cost-cutting measures, totaling between €150 million and €200 million, will necessitate reducing up to 1,100 full-time positions globally.