SMA Solar Technology’s Net Income Up 22% to €28 million in FY 2021

The shortage of electronic components led to a decline in sales in Q1 2022

May 13, 2022

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SMA Solar Technology AG, a German solar equipment supplier, recorded revenue of €221 million (~$232 million) in the first quarter (Q1) of 2022, a year-over-year (YoY) decline of 8% from €240 million (~$250.07 million) in the same period of 2O21.

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Gourav Mishra

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SMA Solar Technology’s Net Income Up 22% to €28 million in FY 2021

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