The Swiss PV manufacturer Meyer Burger has reported a provisional EBITDA loss of CHF 210.4 million.
In his provisional financial results it said that the future is ‘very uncertain’, depending on new financing and the successful implementation of its business plan. The final annual report will be published on 31 May, instead of 15 April as planned earlier.
In December 2024, the company obtained around € 37 million in bridge financing, which will support current activities and offer time for restructuring.
Bondholders have expanded the duration of the bond in recent months. The company is currently in a discussion about an investment or takeover.
Meyer Burger said it will continue to work with selected interested parties to secure fully funded, binding offers as quickly as possible.
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