Meyer Burger Technology AG (SWX: MBTN)

Switzerland flag Switzerland · Delayed Price · Currency is CHF
2.208
-0.034 (-1.52%)
Dec 30, 2024, 5:30 PM CET
-95.99%
Market Cap 68.11M
Revenue (ttm) 86.86M
Net Income (ttm) -544.48M
Shares Out 30.85M
EPS (ttm) -42.94
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 216,266
Open 2.232
Previous Close 2.242
Day's Range 2.190 - 2.248
52-Week Range 0.301 - 55.300
Beta 1.72
Analysts n/a
Price Target n/a
Earnings Date Mar 14, 2025

About SWX: MBTN

Meyer Burger Technology AG, a technology company, produces and sells solar cells and modules. The company operates through Modules, Photovoltaics, and Specialized Technologies segments. It offers the products based on proprietary Heterojunction/SmartWire technologies. In addition, the company provides balcony power plants and solar roof tiles. It operates in Switzerland, Germany, rest of Europe, Asia, the United States, and internationally. Meyer Burger Technology AG was founded in 1953 and is headquartered in Thun, Switzerland. [Read more]

Industry Solar
Sector Technology
Founded 1953
Employees 1,294
Stock Exchange SIX Swiss Exchange
Ticker Symbol MBTN
Full Company Profile

Financial Performance

In 2023, MBTN's revenue was 135.04 million, a decrease of -8.27% compared to the previous year's 147.21 million. Losses were -291.94 million, 317.9% more than in 2022.

Financial Statements

News

Meyer Burger skyrockets after securing $39.5M bridge loan following key client's exit

Meyer Burger Technology (MYBUF) stock surges +213% after securing $39.48M bridge financing to stabilize financial position post client exit.

26 days ago - Seeking Alpha

Struggling Solar-Panel Maker Meyer Burger Secures Bridge Loan

Solar-module manufacturer Meyer Burger Technology AG has secured bridging financing from a group of its existing creditors, to tide it over while it negotiates with its largest customer.

27 days ago - BNN Bloomberg

Solar Maker Meyer Burger Isn’t Certain It Can Continue Operating

Swiss solar panel maker Meyer Burger Technology AG said its ability to continue operating cannot be assured given its indebtedness and cash burn, underscoring the industry’s troubles as cheaper Chines...

2 months ago - BNN Bloomberg

Solar Panel Maker Meyer Burger to Cut Jobs, Sacks Top Executives

Meyer Burger Technology AG announced a deep restructuring plan and changed its top executives, in the latest attempt to return to profitability for the ailing Swiss solar panel maker.

3 months ago - BNN Bloomberg

Meyer Burger shares slashed after abandoning U.S. plant, delaying results

Meyer Burger Technology abandons Colorado solar cell factory plans and will draw up a restructuring and cost-cutting program.

4 months ago - Seeking Alpha

Meyer Burger Plunges With Europe’s Solar Industry in Crisis

Swiss solar panel maker Meyer Burger Technology AG’s shares are in free fall after failed plans to set up a cell factory in the US put the company on track for restructuring.

4 months ago - BNN Bloomberg

Key solar panel producer to stay in Germany as US plans fall apart

xGermany’s biggest solar panel producer, Meyer Burger, will not close down its plant and move to the US, the company announced on Monday (26 August).

4 months ago - EURACTIV.com

Meyer Burger: Unlocking Economies Of Scale As Production Ramps Up

Meyer Burger Technologies is producing the next generation of solar panels, using a glass-glass technology. This technology apparently generates more power than the traditional glass-foil technology, ...

1 year ago - Seeking Alpha