The Managing Board of SMA Solar Technology AG (SMA/FWB: S92) has raised its sales and earnings forecast for 2015. The new forecast predicts sales of €800 million to €850 million (previously: €730 million to €770 million) and an operating result (EBIT) of €-25 million to €0 million (previously: €-30 million to €-60 million). As reasons for raising the forecast, the Managing Board cites the better-than-anticipated development of the global market for photovoltaic inverters, a significant improvement in SMA's competitiveness and an order backlog that remains high.
"Global demand for photovoltaic inverters has developed better in 2015 than we had initially
"Global demand for photovoltaic inverters has developed better in 2015 than we had initially
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