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S92 — Sma Solar Technology AG News Story

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SMA Solar drops on Q2 results below expectations

** Shares in German solar power parts supplier SMA Solar S92G.DE drop 2% on preliminary Q2 figures below consensus

** Preliminary Q2 figures came in materially below consensus expectations with EBITDA loss of 15.5 million euros (vs company's consensus of 4 million euros loss) and EBIT loss of 30.4 million euros (vs 19 million euros loss), Jefferies says

** "Sobering news," a local trader says, adding some analysts have predicted a weak Q2 due to an ongoing tough market environment and low visibility

** Up to the previous session's close, shares were up 49%​ YTD

 (Reporting by Anastasiia Kozlova)

 ((Anastasiia.Kozlova@thomsonreuters.com))

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