Create a free Manufacturing.net account to continue

Analysis: SMA Solar faces profit margin struggle

FRANKFURT (Reuters) - Europe's biggest solar company is unlikely to meet profit margin forecasts this year, analysts say, as demand in its largest markets collapses and global competitors start to...

FRANKFURT (Reuters) - Europe's biggest solar company is unlikely to meet profit margin forecasts this year, analysts say, as demand in its largest markets collapses and global competitors start to force down prices.

SMA Solar has long been seen as a cash cow for the sector, treating investors to margins near 30 percent. It is the world's biggest maker of inverters, which feed solar power from daylight-converting panels into electricity grids.

SOURCE