Project News Details
Title
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
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