SMA Solar Technology AG concludes sale of SMA Railway Technology GmbH


The transaction will contribute positively to the SMA Groups earnings in the first quarter of 2017. Against this backdrop, the SMA Managing Board forecasts sales of 165 million to 175 million and earnings before interest, taxes, depreciation and amortization (EBITDA) of 15 million to 18 million for the first quarter of this year. The SMA Managing Board is confirming its sales and earnings guidance for fiscal year 2017 as published on January 26, 2017, which forecasts sales of between 830 million and 900 million and EBITDA of between 70 million and 90 million.