Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today published that it has achieved strong results for the first half of 2011. The company recorded net sales of CHF 575 million in the six-month period ended 30 June 2011. It is therefore on track to meet the ambitious full year sales target of CHF 1,200 million. The EBITDA margin for the first half of 2011 was 26.9% and therefore reached the same high level as for the second half of 2010 (26.2%). Overall, the EBITDA margin for the first half of 2011 is above previous expectations however.
Further details on the financial statements for the first half of 2011 as well as the complete Half Year Report 2011 will be published on 1 September 2011. At that date, Meyer Burger Group will also publish an update on its guidance for the full year 2011.
Further information:
Werner Buchholz
Head of Corporate Communications
Tel +41 (0) 33 439 05 06
w.buchholz@meyerburger.ch
