Following the severe impact of the market distortion in Europe, Meyer Burger currently anticipates total sales of approximately CHF 135m for the 2023 fiscal year with an EBITDA loss of at least CHF 126m and a year-end cash position of around CHF 150m
Meyer Burger is driving growth of the U.S. business serviced by its leading R&D and equipment manufacturing at its sites in Europe; ready to close its module production in Germany to eliminate unsustainable losses in the absence of resilience measures; cell production will continue in Germany in order to support ramp-up of U.S. module production
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