12.11.2015 SMA Solar Technology AG  DE000A0DJ6J9

DGAP-News: SMA Solar Technology AG: SMA Solar Technology AG Generates Positive Operating Earnings from January to September 2015


 
DGAP-News: SMA Solar Technology AG / Key word(s): 9-month figures SMA Solar Technology AG: SMA Solar Technology AG Generates Positive Operating Earnings from January to September 2015 12.11.2015 / 07:00 --------------------------------------------------------------------- SMA Solar Technology AG - Press Release SMA Solar Technology AG Generates Positive Operating Earnings from January to September 2015 Overview January to September 2015: - Sales increase by approximately 27% to EUR699.2 million (Q1-Q3 2014: EUR549.3 million) - International share rises significantly to 86.7% (Q1-Q3 2014: 75.9%) - Positive operating earnings (EBIT) of EUR3.4 million (Q1-Q3 2014: EUR-72.7 million) - Net cash increases to EUR250.6 million (December 31, 2014: EUR225.4 million) despite severance payments - Equity ratio still high at 46.7% (December 31, 2014: 46.8%) - Managing Board confirms raised sales and earnings guidance for fiscal year 2015 Niestetal, November 12, 2015 - From January to September 2015, SMA Solar Technology AG (SMA/FWB: S92) recorded good results, which included an increase in sales of 27.3% to EUR699.2 million (Q1-Q3 2014: EUR549.3 million). Sales were mainly driven by the large-scale PV power plant segment (Utility). At the same time, the residential PV system and commercial PV system segments as well as service business also posted sales growth. A high international share of sales of 86.7% (Q1-Q3 2014: 75.9%) reflects SMA Group's outstanding international position. The most important foreign markets in the reporting period were North America, Japan, Great Britain and Australia. SMA sold PV inverters with an output of 5.0 GW in the first nine months of the year (Q1-Q3 2014: 3.3 GW). This is nearly as much as in all of last year. As a result of increased sales volumes, reduced fixed costs and positive exchange rate effects, EBITDA improved considerably to EUR58.9 million (Q1-Q3 2014: EUR-8.2 million). From January to September 2015, SMA generated positive earnings before interest and taxes (EBIT) of EUR3.4 million after negative earnings in the same period of the previous year (Q1-Q3 2014: EUR-72.7 million). Despite severance payments in the wake of staff reductions, gross cash flow improved considerably in the reporting period to EUR26.4 million (Q1-Q3 2014: EUR-46.1 million). Net cash increased to EUR250.6 million (December 31, 2014: EUR225.4 million). With an equity ratio of 46.7% (December 31, 2014: 46.8%), SMA remains financially sound and is therefore able to implement the company strategy from its own resources. "SMA completed the turnaround earlier than expected having already generated positive operating earnings before interest and taxes in the first nine months of the year," explained SMA Chief Executive Officer and Chief Financial Officer Pierre-Pascal Urbon. "We have continued to extend our technology and market leadership in recent months and are the clear global market leader according to a study by IHS. As a photovoltaic systems specialist, the success of our strategy of offering holistic solutions for all attractive photovoltaic markets, all module technologies and all power classes is reflected in even distribution of sales, both in regions and market segments. SMA is in an outstanding position to benefit from the increase in global demand expected in 2016." The company has an attractive cash flow profile thanks to an adjusted fixed cost base, reduced working capital and low capital intensity. In 2015, SMA will generate positive free cash flow and further increase its net liquidity. Against the backdrop of its positive business growth from January to October 2015, a significantly better sales and earnings development in the third quarter compared to the same period of the last year (sales Q3 2015: EUR269.9 million, Q3 2014: EUR208.1 million; EBIT Q3 2015: EUR18.3 million, Q3 2014: EUR-10.3 million) as well as a high order backlog, the Managing Board of SMA has again raised its sales and earnings forecast for the current fiscal year on November 11, 2015. The new forecast predicts sales of EUR925 million to EUR975 million (previously: EUR850 million to EUR900 million) and an operating result (EBIT) of EUR10 million to EUR30 million (previously: EUR0 million to EUR10 million). You can find the quarterly financial report for January to September 2015 at www.SMA.de/IR/FinancialReports. About SMA The SMA Group with sales of more than EUR800 million in 2014 is the global market leader for solar inverters, a key component of all PV plants and offers innovative key technologies for future power supply structures. It is headquartered in Niestetal, near Kassel, Germany, and is represented in 20 countries. The Group employs more than 3,500 people worldwide. SMA has an extensive range of products, which offers the right inverters for all module types and plant sizes; for small residential systems as well as large scale plants, grid-connected photovoltaic systems as well as off-grid and hybrid systems. The technology is protected by 740 patents and utility models worldwide. The range of services is supplemented by comprehensive services and operational management of large-scale PV power plants. Since 2008, the Group's parent company, SMA Solar Technology AG, has been listed on the Prime Standard of the Frankfurt Stock Exchange (S92) and also in the TecDAX index. SMA Solar Technology AG Sonnenallee 1 34266 Niestetal Germany Head of Corporate Communications: Anja Jasper Tel.: +49 561 9522-2805 [email protected] Press contact: Susanne Henkel Manager Corporate Press Tel.: +49 561 9522-1124 Fax +49 561 9522-421400 [email protected] Disclaimer: This press release serves only as information and does not constitute an offer or invitation to subscribe for, acquire, hold or sell any securities of SMA Solar Technology AG (the "Company") or any present or future subsidiary of the Company (together with the Company, the "SMA Group") nor should it form the basis of, or be relied upon in connection with, any contract to purchase or subscribe for any securities in the Company or any member of the SMA Group or commitment whatsoever. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. This press release can contain future-oriented statements. Future-oriented statements are statements which do not describe facts of the past. They also include statements about our assumptions and expectations. These statements are based on plans, estimations and forecasts which the Managing Board of SMA Solar Technology AG (SMA or company) has available at this time. Future-oriented statements are therefore only valid on the day on which they are made. Future-oriented statements by nature contain risks and elements of uncertainty. Various known and unknown risks, uncertainties and other factors can lead to considerable differences between the actual results, the financial position, the development or the performance of the corporation and the estimates given here. These factors include those which SMA has discussed in published reports. These reports are available on the SMA website at www.SMA.de. The company accepts no obligation whatsoever to update these future-oriented statements or to adjust them to future events or developments. --------------------------------------------------------------------- 12.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: SMA Solar Technology AG Sonnenallee 1 34266 Niestetal Germany Phone: +49 (0)561 / 9522 - 0 Fax: +49 (0)561 / 9522 - 100 E-mail: [email protected] Internet: http://www.sma.de ISIN: DE000A0DJ6J9 WKN: A0DJ6J Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart End of News DGAP News Service --------------------------------------------------------------------- 412117 12.11.2015


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 891,05 760,93 915,07 1.026,58 983,67 1.065,95 1.904,06
EBITDA1,2 97,30 -69,10 34,19 71,48 8,70 70,01 310,96
EBITDA-Marge3 10,92 -9,08 3,74 6,96 0,88 6,57
EBIT1,4 44,10 -151,71 -11,77 27,91 -32,97 31,89 269,50
EBIT-Marge5 4,95 -19,94 -1,29 2,72 -3,35 2,99 14,15
Jahresüberschuss1 30,15 -175,49 -8,53 28,09 -23,00 55,82 225,67
Netto-Marge6 3,38 -23,06 -0,93 2,74 -2,34 5,24 11,85
Cashflow1,7 116,76 -54,27 -1,18 -31,38 94,26 28,66 140,78
Ergebnis je Aktie8 0,87 -5,06 -0,25 0,81 -0,66 1,61 6,50
Dividende8 0,35 0,00 0,00 0,00 0,00 0,00 0,26
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: BDO

INVESTOR-INFORMATIONEN
©boersengefluester.de
SMA Solar Technology
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0DJ6J 53,500 Halten 1.856,45
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
10,49 26,32 0,43 50,95
KBV KCV KUV EV/EBITDA
2,71 13,19 0,97 5,37
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 28.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
08.05.2024 08.08.2024 14.11.2024 27.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
2,20% -17,68% -11,64% -32,02%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu SMA Solar Technology AG  ISIN: DE000A0DJ6J9 können Sie bei EQS abrufen


Spezialmaschinenbau , A0DJ6J , S92 , XETR:S92