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SMA Solar profit triples, sees weak Europe demand

REUTERS - SMA Solar (S92G.DE), Germany's No.1 solar company, posted slightly lower than expected operating earnings for the first quarter, confirming its margins would narrow this year due to increased competition in the market for solar inverters.

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Print May 10, 2012, 10:57 (CEST)
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"The SMA managing board anticipates falling demand in many European markets. It is too soon to tell whether the photovoltaic markets in America and Asia can compensate for this slowdown," it said in a statement on Thursday.

 

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