SMA Solar Technology AG (S92G.F)
FRANKFURT/DUESSELDORF, May 31 SMA Solar , Germany's largest solar group, saw prices for inverters decline in line with its expectations so far this year, its CEO said, adding business in May was good and supported its full-year outlook for sales and profits.
FRANKFURT, May 31 The DAX top-30 index looked set to open 0.1 percent lower on Wednesday, according to premarket data from brokerage Lang & Schwarz at 0627 GMT.
* SMA SOLAR TECHNOLOGY AG AND MVV ENERGIE AG PARTNER ON DIRECT MARKETING OF SOLAR POWER
FRANKFURT, May 23 SMA Solar, Germany's largest solar group, saw its order backlog increase by more than 3 percent in April from March to 646 million euros ($727 million), its chief executive told shareholders on Tuesday at the group's annual general meeting in Kassel.
BERLIN/FRANKFURT, May 23 The DAX top-30 index looked set to open unchanged on Tuesday, according to premarket data from brokerage Lang & Schwarz at 0612 GMT.
FRANKFURT Europe's embattled solar power industry has been dealt a fresh blow, with cut-price competition from China driving Germany's SolarWorld into insolvency and wiping out quarterly profits at SMA Solar . | Video
* Nordex says Q1 order intake down nearly 40 pct (Wraps SolarWorld, SMA, Nordex, recasts)
FRANKFURT, May 11 SMA Solar, Germany's largest solar group, posted a 90-percent drop in first-quarter operating profit, pointing to a severe decline in prices that led panel-making peer SolarWorld to file for insolvency late on Wednesday.
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.
* 2016 net income at 29.6 mln euros, up from 14.3 mln (Adds quotes, details on new strategy)