The amended forecast predicts sales of between €0.9m($1.2m) and €1m, down from sales of between €0.9m and €1.3m previously seen.

SMA also said it expects a net loss of between €80m and€90m for the full year of 2013. Previously, chief executive Pierre-Pascal Urbonhad said the company expects to break even this year, but also said it can’trule out making a loss.

SMA