DGAP-Adhoc: Managing Board of SMA Solar Technology AG Lowers Guidance for the Current Fiscal Year

DGAP-Ad-hoc: SMA Solar Technology AG / Key word(s): Forecast/Change in
Managing Board of SMA Solar Technology AG Lowers Guidance for the Current
Fiscal Year

27-Sep-2018 / 15:01 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Niestetal, September 27, 2018 - The Managing Board of SMA Solar Technology
AG (SMA/FWB: S92) is adjusting its sales and earnings guidance for the
current fiscal year. The SMA Managing Board expects sales of between EUR800
million and EUR850 million for 2018 (previously: EUR900 million to EUR1,000
million). The background for this is a further sharp fall in prices and
project postponements as a result of the market downturn in China. The
Managing Board is announcing structural adjustments to SMA. Corresponding
measures are to be established by the end of the year. These will incur
one-off costs that will negatively affect SMA's earnings. The Managing Board
is therefore expecting break-even to slightly negative EBITDA (after one-off
effects from restructuring) for 2018 (previously: EBITDA of EUR90 million to
EUR110 million). The SMA Managing Board is anticipating sales growth and
positive EBITDA for 2019.

Ulrich Hadding
Chief Financial Officer


Information and Explanation of the Issuer to this News:

About SMA
The SMA Group with sales of around EUR900 million in 2017 is a global leader
for solar inverters, a key component of all PV plants. SMA offers a wide
range of products and solutions that allow for high energy yields for
residential and commercial PV systems and large-scale PV power plants. To
increase PV self-consumption efficiently, SMA system technology can easily
be combined with different battery technologies. Intelligent energy
management and digital energy solutions, comprehensive services and
operational management of PV power plants round off SMA's range. The company
is headquartered in Niestetal, near Kassel, Germany, is represented in 19
countries and has more than 3,000 employees worldwide, including 500 working
in Development. SMA's multi-award-winning technology is protected by more
than 1,100 patents and utility models. 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 is listed in the SDAX index.

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


27-Sep-2018 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart, Tradegate Exchange

End of Announcement DGAP News Service

728137 27-Sep-2018 CET/CEST