Meyer Burger Technology : Presentation fiscal year
March 24, 2022 at 09:12 am EDT
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Fiscal Year 2021
Presentation for Investors, Analysts, Media
March 24, 2022
Agenda
1
Business Review
Gunter Erfurt, CEO
2
Financial Statement 2021
Gunter Erfurt, CEO
3
Sales and Marketing Update
Moritz Borgmann, CCO
4
Outlook
Gunter Erfurt, CEO
2
1Business
Review
3
In 2021, we completed the strategic transformation
Strategic milestones accomplished
• Establishment of production of 0.4 GW annual nominal capacity for cells and modules
• Start of sales for all three module variants
• Completion of financing for accelerated growth
• Preparation for further expansion to 1.4 gigawatts annual nominal capacity at Thalheim (DE), Freiberg (DE) and Goodyear (US) sites
• Restructuring of legacy business
• Proof of captive business model and its scalability
Meyer Burger Technology AG, Presentation for Investors, Analysts and Media, March 24, 2022
4
Strategically on target, but demanding operational challenges had to be mastered
Material impact of the COVID-19 pandemic
• Unexpected delay in confirmed delivery dates for components in summer 2021 delayed ramp-up
• High absentee rates during the pandemic reduced output and further delayed ramp-up
• In aggregate, volume available to sell in 2021 ended up significantly below original expectations
• Nevertheless, no strategic hurdles have been encountered. Remaining challenge is to implement learning curve more quickly in future expansion steps
Meyer Burger Technology AG, Presentation for Investors, Analysts and Media, March 24, 2022
5
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Meyer Burger Technology AG published this content on 24 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 March 2022 13:11:02 UTC.
Meyer Burger Technology AG is a Switzerland-based company operating as a holding entity of the Meyer Burger Group, engaged in systems and processes based on semiconductor technologies. The Company mainly focuses in photovoltaics (solar industry) but also covers important areas of the semiconductor and the optoelectronic industries as well as other selected high-end markets based on semiconductor materials. The range of systems, production facilities and services along the value chain in photovoltaics encompasses wafers, solar cells, solar modules and solar systems. The Company operates across three continents, as well as provides service network with replacement parts and expendables, consumables, re-grooving services, process know-how, maintenance and customer service, training and other services. The Company established itself as an international brand by offering precision products and technologies. It operates Muegge GmbH as a wholly owned subsidiary.
MEYER BURGER TECHNOLOGY AG 
