SolarEdge Technologies, Inc. (SEDG) Management Presents at 34th Annual ROTH Conference (Transcript)

SolarEdge Technologies, Inc. (NASDAQ:SEDG) 34th Annual ROTH Conference Call March 15, 2022 12:00 PM ET

Company Participants

Lior Danziger - Vice President, Investor Relations

Conference Call Participants

Philip Shen - ROTH Capital Markets

Philip Shen

Okay. Up next, we have Lior Danziger, who is the new VP of IR with SolarEdge. So, Lior, thank you for joining us. Again, if you guys have any questions, jump on in, we can make it more dynamic. In the meantime, I will go ahead with the fireside chat. So Lior, welcome from Israel. Thanks for coming in and really appreciate the time.

Lior Danziger

So much fun to finally have this face-to-face and in-person, so it was definitely worth the shot.

Question-and-Answer Session

Q - Philip Shen

Great. So what’s going on in Europe, I wanted to check in with you on how that is impacting the demand on the ground. So in our checks over the past few weeks, since the war started, demand for DG Solar has exploded with everybody wanting to get off of Russian gas. And I think this is just the beginning. And you guys have a fantastic business in Europe with substantial market share in both commercial and residential. And I wanted to see what you are seeing? Are you seeing your distributors and other customers accelerate their ordering and wanted to get product even earlier? So what are you seeing out there right now?

Lior Danziger

So, relating directly to the conflict that we are seeing right now, directly with regards to Russia and Ukraine, we don’t really have an extensive business over there. But I think it’s logical to expect that we will see accelerated demand in Europe. And we have already been observing very strong and healthy demand in that region as well both in residential and commercial. So, it is