Management Board of SMA Solar Technology AG lowers revenue and earnings forecast for 2018 - outlook for 2019 unchanged

DGAP-Ad-hoc: SMA Solar Technology AG / Key word(s): Change in Forecast
SMA Solar Technology AG: Management Board of SMA Solar Technology AG lowers
revenue and earnings forecast for 2018 - outlook for 2019 unchanged

30-Nov-2018 / 12:39 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, 30 November 2018 - Contrary to expectations, the decline in
business recorded since September of this year continued in November. The
Managing Board of SMA Solar Technology AG therefore expects revenues of only
EUR 760 million to EUR 780 million for 2018 (previously EUR 800 million to
EUR 850 million). The increasing necessary restructuring measures and
additional one-off effects will have a further impact on earnings in 2018.
The Management Board expects negative EBITDA in the mid to upper
double-digit million Euro range (previously: balanced to slightly negative
EBITDA). For 2019, the Management Board continues to expect sales to grow
and EBITDA to be positive.

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 1,200 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.


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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
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

753257 30-Nov-2018 CET/CEST