SMA Solar Technology AG Starts 2025 With Expected Results

SMA Solar Technology AG began its fiscal year 2025 aligned with expectations, reporting sales of €327.7 million, a decline from the previous year's €361.8 million. The company also recorded an EBITDA of €24.6 million, significantly lower than the €49.9 million reported in Q1 2024.

The Home Solutions and Commercial & Industrial Solutions segments merged into the Home & Business Solutions division, experienced a notable dip due to reduced demand and high inventory levels. In contrast, the Large Scale & Project Solutions segment showed substantial growth, with sales rising to €279.5 million from €228.7 million in Q1 2024.

Despite challenges like volatile tariff policies, SMA remains resilient with a strong order backlog of €1.3 billion. The management expects sales and EBITDA to be in the lower third of their guidance range.