Home Tag "Meyer Burger"

Meyer Burger concludes divestment of wafer business to Precision Surfacing Solutions

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced that it has concluded the divestment of its photovoltaic and specialised materials (e.g. semiconductor and sapphire glass industries) wafering equipment and service business to Precision Surfacing Solutions (PSS). The sale was agreed and announced on February 7, 2019. The purchase price is CHF 50 million […]

Meyer Burger acquires 18.4% of Oxford PV and issues 62,288,420 registered shares out of the existing authorised capital

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) reported today the successful acquisition of a major equity stake in Oxford Photovoltaics Limited (Oxford PV), as announced on 21 March 2019. Simultaneously with the placement of Meyer Burger Technology Ltd shares by way of an accelerated bookbuilding procedure conducted by Oxford PV (as announced on 27 […]

Meyer Burger – Fiscal year 2017 results; Change in the Board of Directors

•  Incoming orders +23% to CHF 560.7 million •  Net sales +4% to CHF 473.3 million •  EBITDA reported was CHF 12.4 million; EBITDA adjusted CHF 46.5 million •  Net result reported of CHF -79.3 million; Net result adjusted CHF -3.1 million •  Cash flow from operating activities of CHF +12.8 million •  Solid balance sheet with equity ratio of 51.7% […]