Meyer Burger impacted by weak demand in photovoltaic sector in H1 2019
(WorldNews Europe)

Press Release Thun, 15 August 2019 Meyer Burger impacted by weak demand in photovoltaic sector in H1 2019 o Focus on Heterojunction (HJT) und SmartWire Connection Technology o Saleofwafering business o Strategic partnership with Oxford PV for the development of new technologies o Strategic partnership with REC o Order intake on comparable basis -0.6% o Net sales on comparable basis -36.8% o EBITDA of CHF -13.2 million o EBIT of -21.1 million o Group result CHF +1.8million Meyer Burger Technology AG (SIX Swiss Exchange: MBTN) reports business performance in the first half year 2019 below expectation. The solar sector was marked by weak demand in China, the largest end customer market, during...