The company now predicts sales of €800m-€850m ($944m) for 2015, up from an earlier forecast of €730m-€770m.

SMA also now expects its operating loss measured in earnings before interest and taxes (Ebit) to be narrower – ranging between €-25m and €0m – compared to the €-30m to €-60m previously expected.

"Global demand for photovoltaic inverters has developed better in 2015 than we had initially expected.

"This