Net sales grew to CHF 147.2 million in 2022 (2021: CHF 39.9 million) This resulted in a result at EBITDA level of CHF -34.6 million and a net result of CHF -69.9 million Cash and cash equivalents amounted to CHF 293.2 million at the end of the year The growth strategy is continued with additional module production capacity in Goodyear, Arizona (United States). As a result of optimization measures, the capacity will increase from around 1.6 to around 2 gigawatts Cell production capacity in Germany will be increased accordingly. The required investments can be largely financed with down payments from two new long-term offtake agreementsOutlook: Application submitted for European Union Innovation Fund to build additional gigawatt capacityMeyer Burger Technology AGDynamics Group AGAnne SchneiderAndreas DurischHead Corporate CommunicationsSenior PartnerM. +49 174 349 17 90T. +41 43 268 27 47 M. +41 79 358 87 32anne.schneider@meyerburger.comadu@dynamicsgroup.ch
End of Inside InformationLanguage:EnglishCompany:Meyer Burger Technology AGSchorenstrasse 393645 GwattSwitzerlandPhone:+41 033 221 28 00E-mail:mbtinfo@meyerburger.comInternet:www.meyerburger.comISIN:CH0108503795Valor:A0YJZXListed:SIX Swiss ExchangeEQS News ID:1589855
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