Flexible Electronics News

Meyer Burger Posts Fiscal Year 2019 Results

Announces changes in the management team.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Meyer Burger Technology Ltd received incoming orders of CHF 188.3 million in the fiscal year 2019, compared to CHF 326.8 million in 2018. Adjusted for divestments, incoming orders decreased by 24.3%. Orders on hand as at Dec. 31, 2019 amounted to CHF 105.1 million (Dec. 31, 2018: CHF 240.5 million). As part of the cooperation with Oxford PV, Meyer Burger has received orders totaling CHF 38.5 million for HJT production lines, including the upgrade for perovskite tandem cell production. In additi...

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