SMA Solar presents sales and earnings guidance for 2022

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The Managing Board of SMA Solar Technology AG (SMA/FWB: S92) expects earnings for 2021 to be below the guidance as adjusted on January 12, 2022 (EBITDA: €20 million to €30 million). The Managing Board anticipates earnings (EBITDA) of about €9 million. The preliminary result is still subject to the auditor’s review. SMA sales amounted to €984 million in 2021.

In addition, the SMA Managing Board today approved the sales and earnings guidance for 2022. For the current fiscal year, the Managing Board anticipates sales of between €900 million and €1,050 million and earnings (EBITDA) of between €10 million and €60 million, particularly due to the continuing global chip shortage.

The global shortage of chips and other electronic components has already impacted SMA’s business development in the second half of 2021. The supply situation remains tight and will continue to present us with challenges as the year progresses. We will do everything in our power to service the currently very good order intake. After overcoming the component shortage, we see excellent growth prospects for SMA, especially against the background of the intensified global efforts to curb the climate crisis.

SMA Chief Executive Officer Jürgen Reinert

SMA will publish the consolidated financial statements for 2021 on March 31, 2022

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