Trade Meyer Burger Technology AG - MBTN CFD

MBTN Company profile

About Meyer Burger Technology AG

Meyer Burger Technology AG is a Switzerland-based company operating as a holding entity of the Meyer Burger Group, engaged in systems and processes based on semiconductor technologies. The Company mainly focuses in photovoltaics (solar industry) but also covers important areas of the semiconductor and the optoelectronic industries as well as other selected high-end markets based on semiconductor materials. The range of systems, production facilities and services along the value chain in photovoltaics encompasses wafers, solar cells, solar modules and solar systems. The Company operates across three continents, as well as provides service network with replacement parts and expendables, consumables, re-grooving services, process know-how, maintenance and customer service, training and other services. The Company established itself as an international brand by offering precision products and technologies. It operates Muegge GmbH as a wholly owned subsidiary.

Financial summary

BRIEF: For the six months ended 30 June 2021, Meyer Burger Technology AG revenues decreased 65% to SF18M. Net loss increased less than 1% to SF37.2M. Revenues reflect Photovoltaics &Alternative Materials segment decrease of 52% to SF18M, Specialised Technologies segment decrease from SF13.7M to SF0K. Net income reflects Financial result increase from SF4.5M (expense) to SF1.3M (income).

Equity composition

01/2010, 10-for-1 stock split. 4/2013, Rights Issue, 3 new shares for every 4 shares held @ CHF4.2 (Factor: 1.20312). 12/2016, Rights Issue, 5 new shares for every 1 share held @ CHF0.36 (Factor: 3.45284).