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SMA Solar Technology AG Records High Loss in 2018 as Expected — Business Performance and Cost Reduction Program Develop as Planned in First Quarter of 2019

Anand Gupta
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SMA Solar Technology AG Records High Loss in 2018 as Expected — Business Performance and Cost Reduction Program Develop as Planned in First Quarter of 2019
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Overview of fiscal year 2018: Inverter output sold at same level as previous year with around 8.5 GW (2017: 8.5 GW) Sales of €760.9 million influenced by increased price pressure due to slump on Chinese market (2017: €891.0 million) Earnings before interest, taxes, depreciation and amortization (EBITDA) of €–69.1 million significantly impacted by one-time items […]
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