SMA up 78% in 2023

20.5GW of inverters were sold in 2023, increasing from 12.2GW in 2022

sales increased to €1,904.1 million (US$2057.1 million), up from €1,065.9 million in 2022 – increasing by 78.6% year-on-year

EBITDA increased significantly to €311 million in 2023 from €70 million in 2022.

sales of all three segments improved

home solutions segment increased its sales to €580.2 million, up from €335 million in 2022.

commercial and industrial solutions segment, sales rose to €478.9 million from €290.3 million in 2022.

The large scale and project solutions segment increased its sales to €845 million, up from €440.6 million.

As of the end of 2023, SMA Group’s order backlog dropped to €1,705 million, down from €2,077.4 million in 2022. Of the total order backlog, €1,329.8 million was attributable to product business

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