Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Open platformOpen platform

SMA Solar rises in early trade after Q3 EBIT beat, outlook hike

By Reuters News

** Shares in SMA Solar S92G.DE rise 5% in early Frankfurt trading after the PV specialist reported better-than-expected third-quarter earnings, and lifted the lower end of its full-year sales outlook

** "SMA Solar's third quarter print came in solid," Jefferies says, pointing to a 5% EBIT beat

** The German company posted Q3 EBIT of €45 million ($50 million)

** It raised the lower end of its full-year sales forecast to €1.675 billion from €1.625 billion, while maintaining the upper end at €1.725 billion

** "As we see it, this print confirms continued good momentum and the raised guidance should provide support," Jefferies added

** Stock tops Germany's small-cap index .SDAXI in early trading

($1 = 0.9027 euros)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.
 

Cryptocurrency-related content is intended solely as news and market commentary. Crypto Derivatives are not available to Retail clients registered with Capital Com (UK) Ltd.