SMA Capital Markets Day: Managing Board Confirms Sales and Earnings Forecast for Current Fiscal Year

DGAP-News: SMA Solar Technology AG / Key word(s): Miscellaneous
SMA Solar Technology AG: SMA Capital Markets Day: Managing Board
Confirms Sales and Earnings Forecast for Current Fiscal Year

26.09.2012 / 09:36


SMA Solar Technology AG - Corporate News

SMA Solar Technology AG Capital Markets Day: Managing Board Confirms Sales
and Earnings Forecast for Current Fiscal Year

Niestetal/Frankfurt, September 26, 2012 - Approximately 50 analysts and
investors accepted an invitation from SMA Solar Technology AG (SMA/FWB:
S92) to the Capital Markets Day 2012. At the event, which took place within
the context of the 27th EU PVSEC in Frankfurt/Main, SMA Speaker of the
Managing Board and Chief Financial Officer, Pierre-Pascal Urbon, confirmed
the sales and earnings forecast for 2012. The SMA Managing Board expects
sales of EUR1.3 to EUR1.5 billion and an operating profit (EBIT) of EUR100
to EUR150 million, representing an EBIT margin of 8 to 10 percent.

'The distinct changes in subsidy conditions in important European
photovoltaic markets were already having an impact on demand for our
inverters in the third quarter,' explained Pierre-Pascal Urbon. The SMA
Managing Board is forecasting sales of EUR300 to EUR350 million with an
EBIT of EUR20 to EUR35 million (EBIT margin: 6-10%) for the third quarter

Demand drivers in the solar industry are changing rapidly. 'The
photovoltaic markets are shifting from a subsidized model to independent
energy supply. In the long term, this means a promising outlook for
photovoltaics. In the short and medium term, however, the changes in the
business environment present major challenges to the entire solar sector,'
said Urbon. 'A reliable forecast for the following years is, therefore, not
possible at this time.'

Attendees of the Capital Markets Day could convince themselves at SMA's
booth at the EU PVSEC that the company has the proper solutions to key
future issues at hand. There SMA presented, among other things, high-tech
innovations for intelligent energy management and solutions for the control
of solar diesel hybrid systems in sunny countries. 'SMA is represented in
21 countries around the world. With our global sales and service
infrastructure, our innovative products and our financial strength, we are
well prepared to keep up with the rapid changes in the industry and to
profit long term from the worldwide potential for photovoltaics, even under
changed framework conditions,' emphasized Pierre-Pascal Urbon.

About SMA
The SMA Group generated sales of EUR1.7 billion in 2011 and is the global
market leader for solar inverters, a key component of all PV plants and,
as an energy management group, offers innovative key technologies for
future power supply structures. It is headquartered in Niestetal, near
Kassel, Germany, and is represented in 21 countries on six continents. The
Group employs more than 5,500 people worldwide, plus a number of temporary
employees that varies on a seasonal basis. SMA's broad product portfolio
includes a compatible inverter for every type of module on the market and
for all plant sizes. The product range includes both inverters for
photovoltaic plants connected to the grid as well as inverters for off-grid
systems. SMA is therefore able to provide ideal technical inverter
solutions for all plant sizes and types. 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. In recent
years, SMA has received numerous awards for excellence as an employer and
achieved first place in the nationwide 'Great Place to Work(R)' competition
in 2011 and 2012.

SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal

Head of Corporate Communications:
Anja Jasper
Tel.: +49 561 9522-2805

Press contact:
Susanne Henkel
Manager Corporate Press
Tel.: +49 561 9522-1124
Fax +49 561 9522-421400

Investor Relations contact:
Julia Damm
Manager Investor Relations
Tel. +49 561 9522-2222
Fax +49 561 9522-2223

This corporate news 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

This corporate news 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.

End of Corporate News


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Language: English
Company: SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal
Phone: +49 (0)561 / 9522 - 0
Fax: +49 (0)561 / 9522 - 100
E-mail: info@sma.de
Internet: www.sma.de
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of News DGAP News-Service
186436 26.09.2012

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