The inverter manufacturer SMA Solar wants to write black again after an operational loss last year.
For 2025, the board of directors around CEO Jürgen Reinert is aiming for a profit before interest, taxes and depreciation (EBITDA) of 70 to 110 million euros, as the company announced on Wednesday in the Niestetal in Hesse. It’s as much as analysts have on their notes. In 2024 SMA Solar, based on preliminary figures, made an operational loss of 16 million euros, after an increase of 311 million a year earlier. The already heralded savings program should bring improvement.
The shares in the SDAX skipped in the morning because of the prospect of a historical financial package in Germany and recently increased by 23.90 percent to 16.95 euros. The shares recovered from the day before since mid -February, because the results presented were taken up with relief. The tailwind may also have ensured that investments in energy technology are planned as part of the financial package.
SMA Solar justified the decline in results last year with cost increases and impairments on supplies, as a further burden, provisions were added to the savings program. The bottom line was that there was a shortfall of 117.7 million euros. In 2023 the company had shown a profit of 225.7 million.
The turnover is expected to reach 1.5 to 1.65 billion euros in the current year. Last year, revenues shrank by 19.7 percent to 1.53 billion euros. SMA Solar wants to present his annual report on March 27.
According to a dealer, the key data was above the expectations on the turnover, while the operational loss was slightly larger than expected. The Börsianer raised the sales target for the current year, which is even at the lower end of expectations. Even if the operational profit target was only in the context of expectations, the news in the overall picture is positive.
Due to the order dulls, SMA Solar announced a savings program in September. The corporate structure is also converted. In the future, there should only be two divisions, as the company continued to say in the middle of the week. In addition, the two segments Home Solutions and Commercial & Industrial Solutions will be merged into a new division “Home & Business Solutions” in the current first half of the year. In addition, the group wants to slim down the central areas and withdraw from countries with little growth potential.
According to previous information, the current program is also with a Job cuts of up to 1,100 full -time positions connected worldwide, of which around two thirds in Germany. That would be around every fourth place: at the end of September SMA still had a good 4,500 employees. In this country, negotiations with the works council over a so -called volunteer program were completed at the beginning of February and the implementation was then started. In total, the company wants to save around 150 to 200 million euros with these measures from 2026. However, the board expects the first positive effects of the restructuring program in the current financial year.
Investors can be carried away by the positive outlook: the SMA Solar share temporarily increases 30.63 percent to 17.87 euros via Xetra.
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Niestetal (dpa-Afx)
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