SMA Solar falls 67.9% on Tradegate vs Xetra close

SMA Solar falls 67.9% on Tradegate vs Xetra close

SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FSE: S92) has released its preliminary financial results for the first half of 2025, indicating a significant drop in sales and earnings compared to the same period last year. The company reported sales of €684.9 million, a decrease of 9.9% from H1 2024's €759.3 million. EBITDA for the period stood at €9.1 million, down from €80.6 million in H1 2024, while EBIT was €–19.0 million, compared to €56.2 million in the previous year [1].

The second quarter of 2025 saw a preliminary EBITDA of €–15.5 million and EBIT of €–30.4 million, both of which were below the consensus estimates. The significant deviation is primarily attributed to impairment charges on inventories amounting to €46.8 million in the Home & Business Solutions division. Despite this, EBITDA excluding one-off effects in the second quarter was slightly above the previous year's level at €31.3 million (Q2 2024: €30.6 million) [2].

Following the announcement, SMA Solar's stock price fell by 67.9% on the Tradegate exchange compared to its closing price on Xetra. The stock price decline reflects investor concerns over the company's financial performance and the impact of the impairment charges on inventories.

Further details on the company's financial performance will be provided in the half-year report, scheduled for release on August 7, 2025. Investors are advised to monitor the company's upcoming reports for a more comprehensive understanding of its financial health and future prospects.

References:
[1] https://www.tradingview.com/news/eqs:7e9ac9892094b:0-sma-solar-technology-ag-sma-publishes-preliminary-figures-for-the-first-half-of-2025/
[2] https://www.marketscreener.com/news/sma-solar-technology-ag-sma-publishes-preliminary-figures-for-the-first-half-of-2025-ce7c5cdcdb8ff52d