Interim report
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DGAP - News : SMA Solar Technology AG significantly increases profitability in the first quarter of 2021 sma.de/en/investor-relations/corporate-news/details/news/4639-dgap-news-sma-solar-technology-ag-significantly increases - profitability - in - the - first - quarter - o.html 2021-05-12 DGAP - News : SMA Solar Technology AG / Key word ( s ) : Quarterly / Interim Statement / Quarter Results SMA Solar Technology AG significantly increases profitability in the first quarter of 2021 12.05.2021 / 07:00 The issuer is solely responsible for the content of this announcement . SMA Solar Technology AG corporate news SMA Solar Technology AG significantly increases profitability in the first quarter of 2021 Overview of Q1 2021 : - 3.4 GW inverter output sold ( Q1 2020 : 4.4 GW ) - Sales of € 240 million ( Q1 2020 : € 288 million ) - Earnings before interest , taxes , depreciation and amortization ( EBITDA ) increased to € 20 million ( Q1 2020 : € 12 million ) - Equity ratio still high at 42 % ( December 31 , 2020 : 42 % ) - Managing Board confirms sales and earnings guidance for fiscal year 2021 Niestetal , May 12 , 2021 -SMA Solar Technology AG ( SMA / FWB : S92 ) achieved a considerably better operating result from January to March 2021 than in the first three months of the previous year . EBITDA increased significantly to € 20.1 million ( EBITDA margin : 8.4 % ; Q1 2020 : € 12.3 million , 4.3 % ) . In the first quarter , the SMA group sold inverters with an accumulated output of around 3.4 GW and generated sales of € 240.4 million ( Q1 2020 : € 287.9 million ) . The lower sales year on year resulted mainly from the postponement of orders due to the global coronavirus pandemic and an increase in the price of PV modules . In addition , sales in the first quarter of the previous 1/5