Meyer Burger Investor Presentation
Business Review and Key Preliminary 2023 Figures
Approximately 1.4 GW of nominal annual cell and module
production capacity now installed in Freiberg and Thalheim,
Germany, respectively
Construction of 2.0 GW U.S. cell and module facilities on track
for expected start of production in Q2 2024
Total Sales of CHF 135 million reflects challenging market
conditions in Europe
EBITDA loss of CHF (126) million reflects initial write-down of
inventory in Europe, as well as ramp-up costs and production
below run-rate volumes given market conditions
Cash position of around CHF 150m as of 31-Dec-23, with several
additional financing opportunities currently under discussion
Financial results demonstrate urgent requirement for policies
protecting European solar manufacturers against a distorted
competitive environment
Installed Capacity (GW)
Total Sales
(CHFm)
2022
2023)
2022
1.4
147
1.0
2023
EBITDA (CHFm)
2022
(31
Cash (CHFm)
20232)
293
(35)
Source: Company Information; 1) Approximate value; 2) Preliminary unaudited figure, subject to change; 3) Refers to Cash and Cash Equivalents as of 31st December
MEYER BURGER
135
150
(126)
(2)
2022
2023
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