Meyer Burger: European oversupply drove steep losses as liquidity and US ramp-up hinge on new funding
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FY2023 sales fell to CHF 135.0m and EBITDA was CHF -163.6m amid European oversupply and inventory write-downs. A proposed rights issue and other conditional funding are central to liquidity and the planned US production ramp-up.
Original document: Meyer Burger Technology AG [M6Y] Annual Report — Mar. 14 2024
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