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Managing Board of SMA Solar Technology AG raises earnings forecast for current fiscal year – EQ Mag Pro

The Managing Board of SMA Solar Technology AG (SMA/FWB: S92) has raised its earnings forecast for the fiscal year 2022. The new forecast predicts operating earnings before interest, taxes, depreciation and amortization (EBITDA) of €60 million to €75 million (previously: €10 million to €60 million). As reasons for raising the forecast, the Managing Board cites […]

Torrent Group to invest Rs 1.1 lakh-cr on RE, storage expansion – EQ

Managing Board of SMA Solar Technology AG expects earnings for 2021 to be below adjusted guidance and presents sales and earnings guidance for 2022 – EQ Mag Pro

The Managing Board of SMA Solar Technology AG (SMA/FWB: S92) expects earnings for 2021 to be below the guidance as adjusted on January 12, 2022 (EBITDA: €20 million to €30 million). The background is the pre-contractual agreement on the extraordinary dissolution of a contract for operation and maintenance (O&M) services for PV power plants. Based […]

Torrent Group to invest Rs 1.1 lakh-cr on RE, storage expansion – EQ