DGAP-News

SMA Solar Technology AG: Annual General Meeting of SMA Solar Technology AG Discharges Managing Board - Seite 2

"The energy transition in Germany cannot succeed in these constantly
deteriorating conditions. After we have already lost our world-leading role
in photovoltaics, the current political debate poses a risk to compliance
with the climate protection targets agreed upon in Paris and to the
possibility to create new business models," said Urbon.

The SMA Managing Board is adhering to its sales and earnings forecast for
the 2016 fiscal year. This forecast anticipates sales of EUR950 million to
EUR1,050 million and a significant increase in EBIT to between EUR80
million and EUR120 million.

The presentation and the speech given by the Managing Board at the Annual
General Meeting, along with further information, can be found on the
Internet at www.sma.de/en/investor-relations/annual-general-meeting.


About SMA
The SMA Group with sales of EUR1 billion in 2015 is the global market
leader for solar inverters, a key component of all PV plants, and offers
innovative key technologies for future power supply structures. It is
headquartered in Niestetal, near Kassel, Germany, and is represented in 20
countries. The Group employs more than 3,000 people worldwide. SMA has an
extensive range of products, which offers the right inverters for all
module types and plant sizes; for small residential systems as well as
large-scale plants, grid-connected photovoltaic systems as well as off-grid
and hybrid systems. Moreover, SMA offers system technology for various
battery technologies and system sizes and collaborates with renowned
battery manufacturers and companies from the automotive industry. The SMA
technology is protected by about 700 patents and utility models worldwide.
The range of services is supplemented by comprehensive services and
operational management of large-scale PV power plants. Since 2008, the
Group's parent company, SMA Solar Technology AG, has been listed on the
Prime Standard of the Frankfurt Stock Exchange (S92) and is currently the
only company in the solar industry that is listed in the TecDAX index.


SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal
Germany

Head of Corporate Communications:
Anja Jasper
Tel. [phone]
[e-mail]

Press Contact:
Susanne Henkel
Manager Corporate Press
Tel. [phone]
Fax [phone]
[e-mail]


Disclaimer:
This corporate news serves only as information and does not constitute an
offer or invitation to subscribe for, acquire, hold or sell any securities
of SMA Solar Technology AG (the "Company") or any present or future
subsidiary of the Company (together with the Company, the "SMA Group") nor
should it form the basis of, or be relied upon in connection with, any