SMA Solar Technology AG (SMTGF.PK), a specialist in photovoltaic system technology, reported Thursday that its fiscal 2020 net income was 28.1 million euros, compared to last year's loss of 8.6 million euros. Earnings per share were 0.81 euro, compared to loss of 0.25 euro a year ago.
Earnings before interest, taxes, depreciation and amortization or EBITDA more than doubled to 72 million euros from previous year's 34 million euros. EBITDA margin was 7 percent, up from 3.7 percent a year ago.
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