SMA Solar Technology AG (SMTGY) Q2 2026 Earnings Call Transcript

Kaveh Rouhi
Chief Financial & Legal Officer and Member of Managing Board

Sunny welcome, everyone. We very much appreciate that you are taking the time for this investor and analyst call on our first half year 2026 results. This conference call is scheduled for up to 60 minutes and will be recorded. After the management presentation, we will be happy to answer your questions. Today’s presentation is available on our Investor Relations website. The replay will also be available there shortly.

I’m glad to welcome our CEO, Jurgen Reinert, to this call. He joins me today to provide you with the H1 update. First, I will walk you through our first half figures. And then Jurgen will provide you with an update on our transformation program as well as updates on our business, including new solutions to our portfolio, current regulatory developments and how we strengthen customer value with our Large Scale solutions. Finally, we will wrap up with the updated guidance for the 2026 financial year and take time for your questions. I expect the presentation part to last about 30 minutes.

So let’s start. I refer to our disclaimer on Page 2. Let’s move to Page 4, financial highlights for the first half 2026. Well, before we deep dive into the various financial KPIs, let me first say that we are very happy with the results of H1. It clearly shows