SMA Solar Technology Lowers 2011 Outlook - Update

SMA Solar Technology Lowers 2011 Outlook - Update

  • Posted Monday, September 19, 2011 -
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Germany-based solar inverter maker SMA Solar Technology AG (SMTGF.PK) on Monday lowered its earnings outlook for fiscal year 2011, citing weak demand in the high-volume business of solar inverters for roof systems. The company also revised its sales outlook for the year. Shares of the company are currently trading lower by more than 11 percent on the Franfurt stock exchange.view original article

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