Meyer Burger Investor Presentation slide image

Meyer Burger Investor Presentation

Consolidated income statement 1.1.- 31.12.2021 1.1.- 31.12.2020 amounts in CHF m in % in % Net sales 39.9 100.0% 90.5 100.0% Other operating income 3.2 16.1 Currency translation effects trade -0.6 -0.6 Total income 42.4 106.0 Changes in inventories -7.5 -16.3 Cost of products and work in process -36.5 -53.3 Capitalized goods and services 30.7 1.4 Operating income after cost of products and services 29.2 73.1% 37.9 Personnel expenses -60.4 -53.9 Operating expenses -41.2 -28.5 Earnings before interest, taxes, depreciation and amortization (EBITDA) Depreciation and impairment on PP&E Amortization/impairment intangible assets and goodwill Earnings before interest and taxes (EBIT) Financial result Result from investment in associates Ordinary result Non-operating result Earnings before income taxes Income taxes Result ā˜‘ MEYER BURGER 41.8% Net sales Net sales decreased due to the phase-out of the old business model. Includes the first CHF 9 million of module sales Operations Personnel expenses increased due to the ramp-up of the two new facilities in Freiberg, Germany and Thalheim, Germany and overall net staff build-up. Operating expenses also reflect these milestones and include higher rent (Thalheim) and energy expenses for the new production facilities, the costs of the marketing and branding campaign and the product launch as well as additional structural costs -72.5 -181.6% -44.6 -49.3% -6.3 -6.6 -6.3 -7.2 -85.3 -213.9% -58.1 -64.2% -11.2 -3.4 -2.9 -2.8 -99.4 -249.1% -64.3 -71.1% 0.1 -99.4 -249.1% -1.1 -100.5 -251.8% -64.2 -71.0% -0.3 -64.5 -71.3% Depreciation, amortization & impairment Stable, as new equipment partially only came into operational use in the second half of the year and accordingly has limited impact on depreciation & amortization Meyer Burger Technology AG, Presentation for Investors, Analysts and Media, March 24, 2022 28
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