SMA Solar rises after FY guidance hike, Q2 beat
17/07/2026 08:37
BUZZ-SMA Solar rises after FY guidance hike, Q2 beat ** Shares in SMA Solar S92G.DE rise 7% after the German solar power parts supplier raised its FY outlook after it beat Q2 expectations
** It now expects FY revenue of €1.63-1.73 billion ($1.86-1.98 billion), above company-provided consensus of €1.613 billion
** "SMA is having a terrific first half," Jefferies says, adding that with the outlook upgrade, it is safe to say that SMA is delivering on execution
** Jefferies says Q2 EBITDA of €64.7 million was above consensus of €44 million
** Shares are up 82% YTD
($1 = 0.8740 euros)
(Reporting by Kira Britten)