EQS-Adhoc: SMA Solar Technology AG Announces Restructuring and Transformation Program
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EQS-Ad-hoc: SMA Solar Technology AG / Key word(s): Restructure of Company SMA Solar Technology AG Announces Restructuring and Transformation Program Niestetal, September 25, 2024 – Subsequent to the previous reporting on the business development of SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FSE: S92), the company announces the following: The sales development in the Home Solutions and Commercial & Industrial Solutions segments continues to be significantly influenced by persistently high inventories at distributors and installers as well as a generally very challenging market environment. The Large Scale & Project Solutions segment continues to develop according to plan. The Managing Board has decided to initiate a company-wide restructuring and transformation program aimed at increasing efficiency and strategic focus. In line with this, the Managing Board is aiming to achieve cost savings of an estimated EUR 150 million to EUR 200 million. The main areas of action were discussed with the Supervisory Board on 25 September. In the restructuring and transformation program, measures are to be developed in the following fields of action: (1) Optimization of the company's cost structure, (2) Adjustment of the organizational structure and processes, (3) Strategic repositioning of the company on the market. The program will help ensure that the company can grow profitably, even in a market environment that remains volatile. If the measures to be developed have an impact on the sales and earnings guidance for the current financial year, the outcome will be published immediately.
Contact: Viona Brandt Investor Relations Phone: +49 151 277 658 25 End of Inside Information
25-Sep-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| 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: | http://www.sma.de |
| ISIN: | DE000A0DJ6J9 |
| WKN: | A0DJ6J |
| Indices: | SDAX, TecDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1995825 |
| End of Announcement | EQS News Service |
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1995825 25-Sep-2024 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | ||
| Sales1 | 760,93 | 915,07 | 1.026,58 | 983,67 | 1.065,95 | 1.870,00 | 1.480,00 | |
| EBITDA1,2 | -69,10 | 34,19 | 71,48 | 8,70 | 70,01 | 310,96 | -17,00 | |
| EBITDA-Margin3 | -9,08 | 3,74 | 6,96 | 0,88 | 6,57 | 16,63 | -1,15 | |
| EBIT1,4 | -151,71 | -11,77 | 27,91 | -32,97 | 31,89 | 269,50 | -86,00 | |
| EBIT-Margin5 | -19,94 | -1,29 | 2,72 | -3,35 | 2,99 | 14,41 | -5,81 | |
| Net Profit (Loss)1 | -175,49 | -8,53 | 28,09 | -23,00 | 55,82 | 225,67 | -91,00 | |
| Net-Margin6 | -23,06 | -0,93 | 2,74 | -2,34 | 5,24 | 12,07 | -6,15 | |
| Cashflow1,7 | -54,27 | -1,18 | -31,38 | 94,26 | 28,66 | 140,78 | 65,00 | |
| Earnings per share8 | -5,06 | -0,25 | 0,81 | -0,66 | 1,61 | 6,50 | -2,60 | |
| Dividend per share8 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,50 | 0,00 | |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: BDO
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
| INVESTOR-INFORMATION | ||||||
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| SMA Solar Technology | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| A0DJ6J | DE000A0DJ6J9 | AG | 459,08 Mio € | 27.06.2008 | Halten | 9F3F8G8Q+3G |
| PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 21,00 | 30,44 | 0,69 | 49,55 | 0,66 | 3,26 | 0,24 |
|
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 0,00 | 0,50 | 0,00 | 0,00% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 03.06.2025 | 08.05.2025 | 07.08.2025 | 14.11.2024 | 27.03.2025 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -10,21% | -54,97% | -78,15% | -77,25% | -71,85% |
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