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SMA Solar Technology AG (S92G.DE)

S92G.DE on Xetra

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Thu, Mar 30 2017

SMA Solar targets energy management as competition heats up

FRANKFURT/DUESSELDORF SMA Solar , Germany's biggest solar company, plans to expand its energy management business, hoping the market will have higher entry barriers for Chinese competitors than its core business of making invertors to feed solar power into the grid.

UPDATE 2-SMA Solar targets energy management as competition heats up

* 2016 net income at 29.6 mln euros, up from 14.3 mln (Adds quotes, details on new strategy)

SMA Solar hoards cash for potential crisis, not M&A -CFO

FRANKFURT, March 30 SMA Solar, Germany's largest solar group, is holding on to its cash pile to cope with an eventual downturn of the industry, its finance chief said, adding takeovers were not on the agenda after the group presented full-year results.

SMA Solar Q1 order intake higher than in Q4 - CEO

DUESSELDORF, Germany, March 30 SMA Solar , the world's largest maker of solar inverters, had a good start to the year with first-quarter orders for its services beating those during the last three months of 2016, its chief executive said.

SMA Solar proposes higher-than-expected dividend

FRANKFURT, March 30 SMA Solar, Germany's largest solar company, will propose a dividend of 0.26 euros ($0.28) per share for 2016, almost twice its payout for the previous year, but warned of a challenging year ahead due to increase pricing pressure.

SMA Solar says railway tech unit sale to boost Q1 earnings

FRANKFURT/BERLIN SMA Solar , the world's largest maker of solar inverters, agreed to sell its railway technology unit to China's Beijing Dinghan Technology , shedding a non-core asset as pricing pressure in its main business intensifies.

UPDATE 1-SMA Solar says railway tech unit sale to boost Q1 earnings

* Shares up 2.3 pct (Recasts, adds Q1 sales outlook, details on unit)

SMA Solar forecasts decline in 2017 results on drop in prices

FRANKFURT SMA Solar , the world's largest maker of solar inverters, forecast a decline in sales and earnings for this year due to high price pressure.

SMA Solar forecasts decline in 2017 results on drop in prices

FRANKFURT, Jan 26 SMA Solar, the world's largest maker of solar inverters, forecast a decline in sales and earnings for this year due to high price pressure.

BRIEF-SMA Solar technology ag provisional figures 2016 and guidance 2017

* 2016 fiscal year sales of around 940 million euros ($1.01 billion) and earnings before interest, taxes, depreciation and amortization (EBITDA) of over 140 million euros with depreciation and amortization of around 75 million euros

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