Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  Meyer Burger Technology AG    MBTN   CH0108503795

MEYER BURGER TECHNOLOGY AG

(MBTN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Meyer Burger Technology : Closing of the sale of the microwave and plasma technology company Muegge GmbH

10/01/2020 | 01:10am EST

Meyer Burger Tech­nol­ogy Ltd (SIX Swiss Ex­change: MBTN) an­nounces today the clos­ing of the sale of the mi­crowave and plasma tech­nol­ogy com­pany Muegge GmbH to the in­vest­ment com­pany HQ Eq­uita, which was an­nounced on 10 Au­gust 2020. HQ Eq­uita, which is part of the Har­ald Quandt Group in Bad Hom­burg, Ger­many, will ac­quire all of Muegge GmbH's busi­ness di­vi­sions in­clud­ing its sub­sidiary Ger­ling Ap­plied En­gi­neer­ing Inc. based in Modesto CA, USA, as well as its ap­prox­i­mately 100 em­ploy­ees. As pre­vi­ously an­nounced, the book profit will amount to ap­prox­i­mately CHF 4 mil­lion. The con­tract also in­cludes an earn-out of CHF 2.5 mil­lion, which is due the fol­low­ing year based on the agreed fi­nan­cial tar­gets for 2021.

Media con­tacts:

Meyer Burger Tech­nol­ogy AG

Anne Schnei­der

Head Cor­po­rate Com­mu­ni­ca­tions

Tel +49 37 23 671 22 35 | Mob +49 174 349 17 90

anne.​schneider@​meyerburger.​com

Dy­nam­ics Group AG

An­dreas Durisch, Se­nior Part­ner

Tel +41 43 268 27 47 | Mob +41 79 358 87 32

adu@​dyn​amic​sgro​up.​ch

Disclaimer

Meyer Burger Technology AG published this content on 01 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 October 2020 05:09:07 UTC


© Publicnow 2020
All news about MEYER BURGER TECHNOLOGY AG
11/05MEYER BURGER TECHNOLOGY : strengthens its management team with seasoned solar ex..
PU
11/05MEYER BURGER TECHNOLOGY : strengthens its management team with seasoned solar ex..
EQ
10/23MEYER BURGER TECHNOLOGY : and CSEM extend collaboration for the joint developmen..
PU
10/23MEYER BURGER TECHNOLOGY : and CSEM extend collaboration for the joint developmen..
EQ
10/01MEYER BURGER TECHNOLOGY : Closing of the sale of the microwave and plasma techno..
PU
10/01Closing of the sale of the microwave and plasma technology company Muegge Gmb..
TE
09/28MEYER BURGER TECHNOLOGY : New CFO for Meyer Burger Technology Ltd
PU
09/28New CFO for Meyer Burger Technology Ltd
TE
09/24MEYER BURGER TECHNOLOGY LTD : Repayment of convertible bond completed
PU
09/24MEYER BURGER TECHNOLOGY LTD : Repayment of convertible bond completed
TE
More news
Financials
Sales 2020 109 M 121 M 121 M
Net income 2020 -69,0 M -76,2 M -76,2 M
Net cash 2020 103 M 113 M 113 M
P/E ratio 2020 -13,0x
Yield 2020 -
Capitalization 980 M 1 084 M 1 082 M
EV / Sales 2020 8,04x
EV / Sales 2021 9,34x
Nbr of Employees 657
Free-Float 85,2%
Chart MEYER BURGER TECHNOLOGY AG
Duration : Period :
Meyer Burger Technology AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MEYER BURGER TECHNOLOGY AG
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 3
Average target price 0,24 CHF
Last Close Price 0,39 CHF
Spread / Highest target -28,4%
Spread / Average Target -38,6%
Spread / Lowest Target -48,8%
EPS Revisions
Managers
NameTitle
Gunter Erfurt Chief Executive & Technology Officer
Franz Richter Chairman
Jürgen Schiffer Chief Financial Officer
Andreas R. Herzog Non-Executive Director
Mark Kerekes Director
Sector and Competitors