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Meyer Burger Technology AG (MBTN.S)

MBTN.S on Swiss Exchange

2.16CHF
19 Jan 2018
Change (% chg)

CHF0.05 (+2.13%)
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Latest Key Developments (Source: Significant Developments)

Meyer Burger announces preliminary FY 2017 net sales of about CHF 473 mln
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Meyer Burger Technology Ag ::MEYER BURGER ANNOUNCES PRELIMINARY FINANCIAL INFORMATION FOR FISCAL YEAR 2017.SAYS ‍NET SALES FOR 2017 AMOUNTED TO ABOUT CHF 473 MILLION OR +4% COMPARED TO FISCAL YEAR 2016​.MEYER BURGER TECHNOLOGY - PRELIMINARY FY 2017 ‍TOTAL INCOMING ORDERS REACHED ABOUT CHF 560 MILLION, AN INCREASE OF 23% COMPARED TO PREVIOUS YEAR ​.SLIGHT REDUCTION OF NET LOSS IS EXPECTED FOR FISCAL YEAR 2017 ‍​.‍AT THIS POINT IN TIME, MEYER BURGER MAINTAINS ITS PREVIOUS EBITDA GUIDANCE AT CHF 5-15 MILLION (2016: CHF 10.5 MILLION)​.  Full Article

Meyer Burger Technology Says ‍Incentive Offer Successfully Concluded​
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - MEYER BURGER TECHNOLOGY AG ::‍INCENTIVE OFFER OF MEYER BURGER TECHNOLOGY LTD SUCCESSFULLY CONCLUDED​.‍HOLDERS OF 71.2% OF OUTSTANDING CHF 100 MILLION 5.5% CONVERTIBLE BONDS DUE 2020 HAVE ACCEPTED OFFER​.  Full Article

Meyer Burger Technology Confirms Strong Momentum In Incoming Orders
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Meyer Burger Technology AG ::CONFIRMS STRONG MOMENTUM IN INCOMING ORDERS EXPERIENCED DURING H1 IS ONGOING.FROM JANUARY TO OCTOBER, TOTAL INCOMING ORDERS UP BY 26% AT CHF 503 MILLION.  Full Article

Meyer Burger Technology Offers To Convert Chf 100 Mln Bond​
Monday, 27 Nov 2017 

Nov 27 (Reuters) - MEYER BURGER TECHNOLOGY AG ::VOLUNTARY INCENTIVE OFFER TO CONVERT CHF 100 MILLION 5.5% CONVERTIBLE BOND​.‍TO CONVERT CHF 100 MILLION 5.5% CONVERTIBLE BOND DUE 2020 PRIOR TO 16.00 CET ON DEC. 5 2017​.‍OFFERS TO PAY CASH INCENTIVE OF CHF 250 PER CHF 5,000 PRINCIPAL AMOUNT OF BONDS TO HOLDERS​.  Full Article

Meyer Burger sells its non-PV related diamond wire production business
Monday, 13 Nov 2017 

Nov 13 (Reuters) - MEYER BURGER TECHNOLOGY AG ::‍DIVESTS ITS NON-PV RELATED DIAMOND WIRE PRODUCTION BUSINESS TO THERMOCOMPACT GROUP​.‍THERMOCOMPACT GROUP TO BUY REMAINING DMT BUSINESS FOR AN AMOUNT OF ABOUT USD 6 MILLION IN CASH​.‍CLOSING OF TRANSACTION IS EXPECTED BY MID-DECEMBER 2017​.  Full Article

Thermocompact to buy saw and special diamond wire manufacturing business from Meyer Burger Technology
Monday, 13 Nov 2017 

Nov 13 (Reuters) - THERMOCOMPACT SA ::AGREEMENT TO BUY SAW AND SPECIAL DIAMOND WIRE MANUFACTURING BUSINESS FROM MEYER BURGER TECHNOLOGY IN US‍​.OPERATION WILL GENERATE ADDITIONAL EUR 5.6 MILLION IN FY PRO FORMA REVENUES.OPERATION WILL GENERATE ADDITIONAL EUR 0.7 MILLION IN FY PRO FORMA EBITDA.  Full Article

Meyer Burger Technology initiates cost efficiency programme, to cut 180 positions
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Meyer Burger Technology Ag :INITIATED A COST EFFICIENCY PROGRAMME.‍ALL MANUFACTURING ACTIVITIES IN THUN ARE EXPECTED TO BE DISCONTINUED BY END OF 2018​.‍RESULTING MEASURES WILL AFFECT UP TO 180 POSITIONS​.‍EXPECTS MOST OF TRANSFORMATION TO BE COMPLETED BY END OF 2018​.‍POSITIVE EBITDA IMPACT OF ABOUT CHF 10 MILLION AS OF FY 2019​.ONE-OFF CASH-RELATED EXTRAORDINARY EXPENSES OF ABOUT CHF 10 MILLION​.ONE-OFF NON-CASH RELATED EXTRAORDINARY CHARGE OF ABOUT CHF 40 MILLION WILL BE RECORDED TO 2017 FY.‍CONFIRMS ITS OUTLOOK FOR NET SALES 2017​.‍ADJUSTS ITS PREVIOUS EBITDA GUIDANCE FOR FISCAL YEAR 2017 TO A LEVEL OF CHF 5-15 MILLION​.  Full Article

Meyer Burger ‍awarded major contract for bifacial Heterojunction lines​
Monday, 23 Oct 2017 

Oct 23 (Reuters) - MEYER BURGER TECHNOLOGY AG :‍AWARDED MAJOR STRATEGIC CONTRACT FOR AROUND CHF 45 MILLION FOR BIFACIAL HETEROJUNCTION LINES​.  Full Article

Meyer Burger: additional investor commits to buy up to 30 mln shares for CHF 10.8 mln
Tuesday, 13 Dec 2016 

Meyer Burger Technology AG : Said on Monday received commitment by an additional investor to purchase up to 30 million unsubscribed shares at the offer price for an amount of 10.8 million Swiss francs ($10.66 million) .Company has now such commitments from four investors for an aggregate amount of 49 million francs.  Full Article

Meyer Burger receives orders for DW288 series 3 diamond wire saws
Thursday, 6 Oct 2016 

Meyer Burger Technology AG :Meyer Burger awarded orders for DW288 series 3 diamond wire saws for around 15 million Swiss francs ($15.38 million)by existing PV customers.  Full Article

BRIEF-Meyer Burger Technology Says ‍Consultation Procedure At Production Location In Thun Completed​

* ‍CONSULTATION PROCEDURE AT PRODUCTION LOCATION IN THUN HAS BEEN COMPLETED​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)