SMA Solar Technology AG reported preliminary sales results for the year 2015. Preliminary estimates from the Managing Board of SMA Solar Technology AG show sales of about EUR 1 billion in 2015. Sales were mainly driven by the large-scale PV power plant segment (Utility). At the same time, the residential PV system (Residential) and commercial PV system (Commercial) segments as well as service business also posted growth.

The company expects earnings before interest and taxes (EBIT) of EUR 30 million to EUR 33 million compared to previous forecast of EUR 10 million to EUR 30 million.