Meyer Burger announces preliminary financial information for the first half-year 2016

Meyer Burger announces preliminary financial information for the first half-year 2016

Fiscal year 2016 is developing positively along expectations for Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN). The company has won important large orders from wafer, cell and module manufacturers during the first half of 2016. As a result of higher revenues and an optimized operating cost base, the company also achieved substantial improvements in terms of profitability. According to preliminary unaudited results, Meyer Burger expects a volume in new orders of over CHF 260 million for the first half of 2016 (H1 2015 CHF 222.6 million). Consolidated net sales are expected to amount to slightly above CHF 215 million (H1 2015 CHF 124.4 million). The EBITDA will be slightly above breakeven (H1 2015 CHF -32.7 million) for the first six months of 2016. The cash drain was also stopped and with a positive operating cash flow, cash and cash equivalents have increased. As of 30 June 2016, Meyer Burger has cash and cash equivalents in an amount of about CHF 113 million (31 December 2015 CHF 101.5 million).

The half-year report 2016 and further details to the half-year results will be published on 17 August 2016.

For further information, please contact:

Werner Buchholz

Head of Corporate Communications

Tel: +41 (0)33 221 25 06

werner.buchholz@meyerburger.com

Ingrid Carstensen

Corporate Communications

Tel: +41 (0)33 221 28 34

ingrid.carstensen@meyerburger.com

About Meyer Burger Technology Ltd

www.meyerburger.com

Meyer Burger is a leading global technology company specialising on innovative systems and processes based on semiconductor technologies. The company’s focus is on photovoltaics (solar industry) while its competencies and technologies also cover important areas of the semiconductor and the optoelectronic industries as well as other selected high-end markets based on semiconductor materials. The company currently employs over 1,500 people across three continents. Over the past ten years, Meyer Burger has risen to the forefront of the photovoltaic market and established itself as an international premium brand by offering superior precision products and innovative technologies.

Meyer Burger’s offering in systems, production equipment and services along the photovoltaic value chain includes the manufacturing processes for wafers, solar cells, solar modules and solar systems. Meyer Burger provides substantial added value to its customers and clearly differentiates itself from its competitors by focusing on the entire value chain.

The company’s comprehensive product portfolio is complemented by a worldwide service network with spare parts, consumables, process know-how, customer support, after-sales services, training and other services. Meyer Burger is represented in Europe, Asia and North America in the respective key markets and has subsidiaries and own service centres in China, Germany, India, Japan, Korea, Malaysia, the Netherlands, Switzerland, Singapore, Taiwan and the USA. The company is also working intensively to develop new markets such as South America, Africa and the Arab region. The registered shares of Meyer Burger Technology Ltd are listed on the SIX Swiss Exchange (Ticker: MBTN).

THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO U.S. PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR, EXCHANGE OR PURCHASE ANY SECURITIES. IN ADDITION, THE SECURITIES OF MEYER BURGER TECHNOLOGY LTD HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS.

This press release may contain “forward-looking statements”, such as guidance, expectations, plans, intentions, or strategies regarding the future. These forward-looking statements are subject to risks and uncertainties. The reader is cautioned that actual future results may differ from those expressed in or implied by the statements, which constitute projections of possible developments. All forward-looking statements included in this press release are based on data available to Meyer Burger Technology Ltd as of the date that this press release is published. The Company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.