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Meyer Burger Technology AG Schorenstrasse 39 3645 Gwatt (Thun), Switzerland http://www.meyerburger.com
Contact Mr Alexandre Müller +41 43 268 32 21
Company logo of Meyer Burger Technology AG
Meyer Burger Technology AG

Meyer Burger publishes Annual Report 2023 after a strategic shift in a year of market distortions

Largest customer DESRI intends to participate alongside Sentis in the upcoming capital increase

(PresseBox) (Gwatt (Thun), )
Meyer Burger Technology AG strengthens its position as a leading manufacturer of premium solar modules and cells in a challenging environment. Severe price undercutting in the European solar market has prevented Meyer Burger from achieving the targeted customer sales volumes. Consequently, and as published on January 17, 2024, the results for fiscal year 2023 were significantly impacted. The strategic decision to make substantial investments to shift the business focus to the United States further impacted the results. Furthermore, Meyer Burger's largest shareholder Sentis Capital Cell 3 PC (Sentis Capital) and its largest customer D.E. Shaw Renewable Investment (DESRI) intend to dbbunl fn aiz bdvumeao rjglzyj hjdzuohv.

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