SMA, which has been battered by sinking demand in its core European solar markets and new competition from Asia, said it now expects sales of between €850m ($1.14bn) and €950m, down from a previous guidance of €1bn-1.3bn.

The company   –   the global market-leader in inverters  –  could face a loss of about €45m if sales come in at the low end of that range, it warned.

The