SMA Solar Technology AG (SMTGF.PK), a Germany-based specialist in photovoltaic system technology, lowered its 2025 guidance, citing a significant deterioration in anticipated sales performance within its Home & Business Solutions division during the third quarter. As a result, the company expects substantial one-time charges, including inventory devaluations, impairments of capitalized R&D projects, and fixed assets such as production lines. Additional accruals for restructuring measures are also anticipated. The company estimates total negative one-time effects in the range of 170 million euros to 220 million euros.
In response to persistent challenges across residential, commercial, and industrial market segments, SMA is expanding its restructuring efforts—particularly within the Home & Business Solutions division. Key measures include streamlining the product portfolio, optimizing value creation depth, leveraging international locations more effectively, and enhancing service efficiency. These actions are aimed at delivering annual cost savings exceeding 100 million euros.
Reflecting these developments, the company reduced its guidance for the current fiscal year. EBITDA is now expected to range between negative 30 million euros and negative 80 million euros, compared to the previous forecast of 70 million euros to 80 million euros. Sales are projected between 1.450 billion euros and 1.500 billion euros, slightly below the earlier guidance of 1.500 billion euros to 1.550 billion euros.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.