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Project News Details
Title |
Declining prices forces SMA to lower 2018 forecasts, announce structural changes |
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Detail |
Citing the market downturn in China, which has resulted in “enormous excess capacity”, rapidly declining prices and postponed projects, SMA Technology AG has lowered its 2018 sales and earning guidance, and expects a break-even or negative EBITDA. It has also announced structural changes.
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Country | ||||
Source | PV-Magazine | |||
Regions | Africa Asia Australia Europe North America Oceania South America | |||
Sectors | Building Construction Energy-Power and Electrical Computer Hardwares and Consumables Building Material | |||
Published Date | 26.09.2018 | |||
Original Url | Original Url | |||
Share |
Title |
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Declining prices forces SMA to lower 2018 forecasts, announce structural changes
|
Detail |
Citing the market downturn in China, which has resulted in “enormous excess capacity”, rapidly declining prices and postponed projects, SMA Technology AG has lowered its 2018 sales and earning guidance, and expects a break-even or negative EBITDA. It has also announced structural changes. |
Country |
International
|
Source |
PV-Magazine |
Regions |
Africa Asia Australia Europe North America Oceania South America |
Sectors |
Building Construction Energy-Power and Electrical Computer Hardwares and Consumables Building Material |
Published Date |
26.09.2018 |
Original Url |
Share |
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