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
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