Managing Board Raises Forecast for Current Fiscal Year

DGAP-Ad-hoc: SMA Solar Technology AG / Key word(s): Forecast/Change in
SMA Solar Technology AG: Managing Board Raises Forecast for Current Fiscal

01-Aug-2017 / 08:43 CET/CEST
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The issuer is solely responsible for the content of this announcement.


Niestetal, August 1, 2017 - The Managing Board of SMA Solar Technology AG
(SMA/FWB: S92) raises its sales and earnings forecast for 2017. The new
forecast predicts sales of EUR 900 million to EUR 950 million (previously:
EUR 830 million to EUR 900 million) and earnings before interest, taxes,
depreciation and amortization (EBITDA) of EUR 85 million to EUR 100 million
(previously: EUR 70 million to EUR 90 million). The amount of depreciation
and amortization will remain unchanged in between EUR 60 million and EUR 70
million. As reasons for raising the forecast, the Managing Board cites the
high order-intake, which has been increasing since the beginning of 2017 and
the strong market demand in all regions, especially in Asia-Pacific region

The half yearly financial report for January to June 2017 will be published
on August 10, 2017.

Ulrich Hadding
Chief Financial Officer


Information and Explanation of the Issuer to this News:

About SMA
The SMA Group with sales of around EUR1 billion in 2016 is the global market
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 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 20 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 900 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 currently the only company in the solar industry that is listed
in the TecDAX 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

This ad-hoc 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 ad-hoc 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 The company accepts no obligation whatsoever to
update these future-oriented statements or to adjust them to future events
or developments.


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

End of Announcement DGAP News Service

597509 01-Aug-2017 CET/CEST