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Meyer Burger Technology AG (MBTN.S)

MBTN.S on Swiss Exchange

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Latest Key Developments (Source: Significant Developments)

Meyer Burger Technology Awarded Contract By REC Group
Monday, 12 Feb 2018 12:30am EST 

Feb 12 (Reuters) - Meyer Burger Technology AG ::REC GROUP AWARDED CONTRACT FOR DELIVERY AND INSTALLATION SMARTWIRE CONNECTION TECHNOLOGY (SWCT).MEYER BURGER TO DELIVER AND INSTALL SWCT MANUFACTURING EQUIPMENT BEGINNING IN Q2 OF 2018.  Full Article

Meyer Burger Files Patent Infringement Lawsuit In China
Wednesday, 7 Feb 2018 12:31am EST 

Feb 7 (Reuters) - Meyer Burger Technology AG ::FILED PATENT INFRINGEMENT LAWSUIT IN CHINA TO PROTECT DWMS TECHNOLOGY.UNIT MEYER BURGER (SWITZERLAND) FILED PATENT INFRINGEMENT LAWSUIT AGAINST WUXI SHANGJI AUTOMATION.  Full Article

Meyer Burger Technology Says ‍Incentive Offer Successfully Concluded​
Wednesday, 6 Dec 2017 12:31am EST 

Dec 6 (Reuters) - MEYER BURGER TECHNOLOGY AG ::‍INCENTIVE OFFER OF MEYER BURGER TECHNOLOGY LTD SUCCESSFULLY CONCLUDED​.‍HOLDERS OF 71.2% OF OUTSTANDING CHF 100 MILLION 5.5% CONVERTIBLE BONDS DUE 2020 HAVE ACCEPTED OFFER​.  Full Article

Meyer Burger Technology Confirms Strong Momentum In Incoming Orders
Thursday, 30 Nov 2017 12:30am EST 

Nov 30 (Reuters) - Meyer Burger Technology AG ::CONFIRMS STRONG MOMENTUM IN INCOMING ORDERS EXPERIENCED DURING H1 IS ONGOING.FROM JANUARY TO OCTOBER, TOTAL INCOMING ORDERS UP BY 26% AT CHF 503 MILLION.  Full Article

Meyer Burger Technology Offers To Convert Chf 100 Mln Bond​
Monday, 27 Nov 2017 12:30am EST 

Nov 27 (Reuters) - MEYER BURGER TECHNOLOGY AG ::VOLUNTARY INCENTIVE OFFER TO CONVERT CHF 100 MILLION 5.5% CONVERTIBLE BOND​.‍TO CONVERT CHF 100 MILLION 5.5% CONVERTIBLE BOND DUE 2020 PRIOR TO 16.00 CET ON DEC. 5 2017​.‍OFFERS TO PAY CASH INCENTIVE OF CHF 250 PER CHF 5,000 PRINCIPAL AMOUNT OF BONDS TO HOLDERS​.  Full Article

Meyer Burger sells its non-PV related diamond wire production business
Monday, 13 Nov 2017 12:30am EST 

Nov 13 (Reuters) - MEYER BURGER TECHNOLOGY AG ::‍DIVESTS ITS NON-PV RELATED DIAMOND WIRE PRODUCTION BUSINESS TO THERMOCOMPACT GROUP​.‍THERMOCOMPACT GROUP TO BUY REMAINING DMT BUSINESS FOR AN AMOUNT OF ABOUT USD 6 MILLION IN CASH​.‍CLOSING OF TRANSACTION IS EXPECTED BY MID-DECEMBER 2017​.  Full Article

Thermocompact to buy saw and special diamond wire manufacturing business from Meyer Burger Technology
Monday, 13 Nov 2017 12:30am EST 

Nov 13 (Reuters) - THERMOCOMPACT SA ::AGREEMENT TO BUY SAW AND SPECIAL DIAMOND WIRE MANUFACTURING BUSINESS FROM MEYER BURGER TECHNOLOGY IN US‍​.OPERATION WILL GENERATE ADDITIONAL EUR 5.6 MILLION IN FY PRO FORMA REVENUES.OPERATION WILL GENERATE ADDITIONAL EUR 0.7 MILLION IN FY PRO FORMA EBITDA.  Full Article

Meyer Burger Technology initiates cost efficiency programme, to cut 180 positions
Thursday, 2 Nov 2017 01:30am EDT 

Nov 2 (Reuters) - Meyer Burger Technology Ag :INITIATED A COST EFFICIENCY PROGRAMME.‍ALL MANUFACTURING ACTIVITIES IN THUN ARE EXPECTED TO BE DISCONTINUED BY END OF 2018​.‍RESULTING MEASURES WILL AFFECT UP TO 180 POSITIONS​.‍EXPECTS MOST OF TRANSFORMATION TO BE COMPLETED BY END OF 2018​.‍POSITIVE EBITDA IMPACT OF ABOUT CHF 10 MILLION AS OF FY 2019​.ONE-OFF CASH-RELATED EXTRAORDINARY EXPENSES OF ABOUT CHF 10 MILLION​.ONE-OFF NON-CASH RELATED EXTRAORDINARY CHARGE OF ABOUT CHF 40 MILLION WILL BE RECORDED TO 2017 FY.‍CONFIRMS ITS OUTLOOK FOR NET SALES 2017​.‍ADJUSTS ITS PREVIOUS EBITDA GUIDANCE FOR FISCAL YEAR 2017 TO A LEVEL OF CHF 5-15 MILLION​.  Full Article

Meyer Burger ‍awarded major contract for bifacial Heterojunction lines​
Monday, 23 Oct 2017 12:31am EDT 

Oct 23 (Reuters) - MEYER BURGER TECHNOLOGY AG :‍AWARDED MAJOR STRATEGIC CONTRACT FOR AROUND CHF 45 MILLION FOR BIFACIAL HETEROJUNCTION LINES​.  Full Article

Meyer Burger H1 ‍EBITDA at CHF 6.9 million​
Wednesday, 16 Aug 2017 12:30am EDT 

Aug 16 (Reuters) - MEYER BURGER TECHNOLOGY AG ::H1 ‍INCOMING ORDERS INCREASED BY 15% TO CHF 308.5 MILLION​.H1 ‍NET SALES REACHED CHF 212.3 MILLION​.H1 ‍EBITDA WAS CHF 6.9 MILLION​.‍OUTLOOK 2017 CONFIRMED WITH NET SALES OF ABOUT CHF 440-460 MILLION AND EBITDA OF ABOUT CHF 30-45 MILLION FOR 2017.  Full Article

Swiss stocks - Factors to watch on Feb 12

ZURICH, Feb 12 The Swiss blue-chip SMI was seen opening 1.2 percent higher at 8,783 points on Monday, according to premarket indications by bank Julius Baer .