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Meyer Burger Technology AG (MBTN.S)

MBTN.S on Swiss Exchange

0.51CHF
19 Oct 2018
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Tue, Oct 16 2018

BRIEF-Meyer Burger to cut around 100 jobs in revamp

* SAYS MEYER BURGER LAUNCHES TRANSFORMATION PROGRAMME TO SAFEGUARD LONG-TERM PROFITABILITY

BRIEF-Meyer Burger Technology: Manfred Haener To Become New CFO

* MANFRED HÄNER WILL JOIN MEYER BURGER AS NEW CHIEF FINANCIAL OFFICER EFFECTIVE 1 OCTOBER 2018 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Solar panel equipment maker Meyer Burger feels bite of Chinese subsidies cut

ZURICH Shares in solar panel machinery maker Meyer Burger fell on Thursday, as dwindling orders at the Swiss company amid falling Chinese solar subsidies soured investors and forced it to trim its full-year sales outlook.

Solar panel equipment maker Meyer Burger feels bite of Chinese subsidies cut

ZURICH, Aug 16 Shares in solar panel machinery maker Meyer Burger fell on Thursday, as dwindling orders at the Swiss company amid falling Chinese solar subsidies soured investors and forced it to trim its full-year sales outlook.

BRIEF-Meyer Burger Technology H1 EBITDA More Than Quadrupled

* H1 EBIT OF CHF 14.9 MILLION AND NET PROFIT OF CHF 8.3 MILLION

BRIEF-Meyer Burger Technology H1 EBITDA At Around CHF 28 Mln

* H1 NET SALES ARE EXPECTED TO AMOUNT TO CHF 232 MILLION, REPRESENTING AN INCREASE OF OVER 9% (H1 2017 CHF 212.3 MILLION)

Swiss exchange seeks sanctions against Meyer Burger in accounting dispute

ZURICH, June 13 The SIX Swiss stock exchange said on Wednesday it is seeking sanctions against solar panel equipment maker Meyer Burger Technology, contending the company overstated key financial figures in 2016 and 2017.

BRIEF-Meyer Burger Entirely Rejects Reproach By Six Exchange Regulation

* ENTIRELY REJECTS REPROACH BY SIX EXCHANGE REGULATION REGARDING APPLICATION OF SWISS GAAP FER RULES IN THE FINANCIAL STATEMENTS FOR FISCAL YEAR 2016 AND FIRST HALF-YEAR 2017

BRIEF-Meyer Burger Technology Awarded Two Contracts For Its DS 261 Wire Saws

* AWARDED TWO CONTRACTS FOR ITS DS 261 WIRE SAWS FOR ABOUT CHF 17.5 MILLION FROM EXISTING CUSTOMERS

BRIEF-Meyer Burger Technology Divests Its Solar Systems Business To Patrick Hofer-Noser

* BOTH PARTIES HAVE AGREED TO MAINTAIN CONFIDENTIALITY REGARDING TRANSACTION PRICE

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