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Result 2013: SMA Solar Technology AG Reports Significant Drop in Sales and Earnings Following Downturn in the European Market

Result 2013: SMA Solar Technology AG Reports Significant Drop in Sales and Earnings Following Downturn in the European Market

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Overview 2013:
-? 5.4 gigawatts of inverter output sold (2012: 7.2 GW)
-? Sales in line with guidance at ?932.5 million (2012: ?1.5 billion)
-? International share increased to 71.0% (2012: 56.3%)
-? Earnings before interest and taxes (EBIT) of ?-89.1 million (2012: ?102 million) impacted by one-time items
-? Financial independence-net liquidity of ?308.1 million (December 31, 2012: ?446.3 million)
-? Managing Board confirms sales and ea

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