Focus on production and technology to ensure return to profitability
Streamlining of group structure and reduction in workforce planned
CEO Gunter Erfurt leaves the company and hands over to Franz Richter
Departure of CFO Markus Nikles and downsizing of management board
Meyer Burger Technology AG has announced the immediate initiation of a restructuring program aimed at enabling a return to profitability. The projected revenue of approximately CHF 350 to CHF 400 million and an EBITDA in the mid-double-digit million range from 2026 onwards is largely based on the existing production capacity and long-term supply agreements with key customers.
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