SMA
notched
up
earnings
before
interest
and
tax
(Ebit)
of
€42.8m
($55.4m),
a
tripling
of
profits
compared
to
the
same
stage
last
year.
Its
sales
reached
€450m,
against
€256m
last
time.
The
company
says
the
1.9GW
of
inverters
that
flew
out
of
its
factories
reflected
the
rush
to
install
PV
ahead
of
feed-in
tariff
reductions
in
key
markets
–
not
least
its
German
homeland
–
and
fears
among
buyers
that
more
support
cuts
will
come.
Chief
financial
officer
Pierre-Pascal
Urbon
says:
“The
strong
demand
for
Sunny
Boy
inverters
for
PV
rooftop
systems
in…
