SMA Solar Technology AG (SMTGF.PK) posted a significant drop in 2012 consolidated net profit to 75.1 million euros, from last year's 166.1 million euros. Earnings before interest and taxes or EBIT totaled 102 million euros in 2012, down significantly from 240.3 million euros in 2011.
Sales for the recent year stood at 1.5 billion euros, compared with 1.7 billion euros a year back.
Further, the SMA Managing Board confirmed its sales and earnings guidance for SMA, including Zeversolar for 2013. It anticipates sales of 0.9 billion euros - 1.3 billion euros and a break-even result in the best scenario. Nonetheless, the Managing Board cannot exclude the possibility of a loss.
In addition, the Managing Board would recommend that the Supervisory Board propose a dividend payout of 0.60 euros per share at the annual general meeting on May 23, 2013.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.