Flexible Electronics News

Meyer Burger Announces 1H 2018 Results

Reports successful return to profitability at the net earnings level during 1H 2018.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Meyer Burger Technology Ltd.’s first half-year 2018 results marked the company’s successful return to profitability at the net earnings level. This achievement is mainly a result of various cost optimization programs and measures executed over the past 18 months and of coherent decisions to discontinue non-profitable business units and products.   Net sales amounted to CHF 232.3 million ($233 million), representing an increase of 9.4% compared to the previous year period. Positive currency eff...

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