SMA Solar shares jump on Q4 orders beat
03/03/2026 09:09
Updates throughout ** Shares in SMA Solar Technology S92G.DE are now up 4.5% after falling pre-market as the German solar power parts supplier reported quarterly numbers above estimates, even if the 2026 outlook failed to impress ** SMA Solar posts Q4 sales of 381 million euros ($443 million), compared with analysts' average estimate of 357 million euros in a company-compiled poll ** "Notably, we are positively surprised by strong orders in Q4, 22% ahead of a year earlier at 450 million euros," Jefferies says ** Metzler says the company delivered strong order intake in Q4 but flags that 2026 outlook appears particularly cautious ** SMA expects 2026 EBITDA of between 50 million to 180 million euros, against the 16-million-euro loss a year earlier ** Its sales are expected to be in a range of 1.47 billion to 1.67 billion euros for the year, compared to 1.53 billion euros last year ** The stock, which has lost 9.1% YTD including today's session, sits at the top of Germany's small-cap index .SDAXI, which is down 3.5% ($1 = 0.8597 euros) (Reporting by Ozan Ergenay) ((ozan.ergenay@thomsonreuters.com)0))