EQS-Adhoc: SMA Solar Technology AG expects very positive first half of 2023 and again increases full-year guidance 2023

EQS-Ad-hoc: SMA Solar Technology AG / Key word(s): Quarter Results/Change in
Forecast
SMA Solar Technology AG expects very positive first half of 2023 and again
increases full-year guidance 2023

23-Jun-2023 / 16:46 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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SMA Solar Technology AG expects very positive first half of 2023 and again
increases full-year guidance 2023

Niestetal, June 23, 2023 - The Managing Board of SMA Solar Technology AG
(SMA/ISIN: DE000A0DJ6J9/FWB: S92) expects sales of EUR 770 to 780 million
(HY1 2022: EUR 472 million) and operating earnings before interest, taxes,
depreciation and amortization (EBITDA) of EUR 120 to 130 million (HY1 2022:
EUR 16 million) for the first half of 2023. The reason for this, following
the already positive Q1, is a strong Q2 above plan with sales expected to
reach EUR 400 to 410 million (Q2 2022: EUR 251 million) and EBITDA expected
to be EUR 60 to 70 million (Q2 2022: EUR 1 million).

On this basis, the Managing Board is adjusting the full year guidance for
2023 and now expects annual sales of EUR 1,700 to 1,850 million (previously:
EUR 1,450 to 1,600 million) and EBITDA of EUR 230 to 270 million
(previously: EUR 135 to 175 million).

The reason for the better-than-planned performance and the more positive
outlook is a significant increase in delivery capabilities due to faster
improvements in material supplies from the supplier side and an improved
earnings contribution from all segments.

The final figures for the 1st half of 2023 will be published on August 10,
2023.

Contact:

Viona Brandt

Investor Relations

viona.brandt@sma.de

Tel.: +49 175 93 93 320


End of Inside Information

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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: info@sma.de
Internet: www.sma.de
ISIN: DE000A0DJ6J9
WKN: A0DJ6J
Indices: MDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard);
Regulated Unofficial Market in Berlin, Dusseldorf,
Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1664735



End of Announcement EQS News Service
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1664735 23-Jun-2023 CET/CEST