Welcome to our dedicated page for SMA SOLAR TECHNOLOGY news (Ticker: SMTGF), a resource for investors and traders seeking the latest updates and insights on SMA SOLAR TECHNOLOGY stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SMA SOLAR TECHNOLOGY's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SMA SOLAR TECHNOLOGY's position in the market.
SMA Solar Technology AG has raised its earnings forecast for FY 2022, now expecting EBITDA between €60 million and €75 million, up from €10 million to €60 million previously. This revision is attributed to a high volume of incoming orders and improved supply of electronic components that are expected to boost performance in Q4. Additionally, a positive impact from real estate sales added to Q3 earnings. The projected EBIT range is now €22 million to €37 million.
Net cash is anticipated to reach €190 million, with sales expectations narrowed to €975 million to €1,050 million.
FAQ
What is the market cap of SMA SOLAR TECHNOLOGY (SMTGF)?
