Meyer Burger Investor Presentation
FY23 Saw Market Distortion and Significant Oversupply in
Europe Due to Lack of Adequate Policy Measures
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European market saw significant oversupply in FY23, driven by
a sharp increase in Chinese production capacity and trade
restrictions imposed by India and the United States
Ensuing price war and dumping practices have created a
distorted market in which prices for solar modules are, in some
cases, below production costs of European manufacturers
Rapid implementation of adequate policy measures such as
the German resilience scheme and EU anti-dumping
regulations urgently required to establish a level competitive
playing field
Ability to execute existing strategy successfully in 2024 will be highly dependent on the further development of the European
market environment and the materialisation of government support schemes
Source: Company Information
MEYER BURGER
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