SMA Solar Technology AG (LTS:0NIF)
€ 47.61 -1.625 (-3.3%) Market Cap: 1.65 Bil Enterprise Value: 1.42 Bil PE Ratio: 8.15 PB Ratio: 2.30 GF Score: 72/100

Full Year 2018 SMA Solar Technology AG Earnings Call Transcript

Mar 28, 2019 / 08:00AM GMT
Release Date Price: €18.38 (-15.71%)
Operator

Good day, and welcome to the analyst/investor presentation financial report full year 2018 conference call. Today's conference is being recorded. At this time, I would like to turn the conference over to Dr. Jürgen Reinert, Chief Executive Officer. Please go ahead, sir.

Jürgen Reinert
SMA Solar Technology AG - CEO, Head of Operations & Technology and Member of Managing Board

Thank you, and welcome for joining us on today's conference call for the full year 2018. Today, we will present detailed results for 2018 as well as our outlook for fiscal year 2019. In addition, we will provide you with sales and earnings guidance for the first quarter 2019.

On the call today, I will start off with the strategic and financial highlights during the reporting period and give you an update on market development, strategic highlights and our product portfolio. Afterwards, I will hand over to SMA's CFO, Ulrich Hadding, who's also in charge of Investor Relations, for an update on our restructuring initiatives to reduce fixed costs, the financial discussions and

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