15.11.2024 11:44:31

Meyer Burger receives notice of termination from its largest customer, DESRI

Meyer Burger Technology AG / Key word(s): Miscellaneous
Meyer Burger receives notice of termination from its largest customer, DESRI

15-Nov-2024 / 11:44 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.


Ad hoc announcement pursuant to Art. 53 LR
Thun, Switzerland – November 15, 2024


Meyer Burger receives notice of termination from its largest customer, DESRI

Meyer Burger has received a letter from its largest customer, DESRI, purporting to terminate the master agreement with Meyer Burger with immediate effect.

Meyer Burger is currently analyzing the letter and the situation. The company currently expects that irrespective of the validity of such termination, this is likely to adversely affect its financial restructuring efforts, which are highly advanced. Assuming that such financial restructuring fails, the company may no longer be in a position to maintain its going concern. The company will provide further information in due course.

Media contacts:

Meyer Burger Technology AG
Anne Schneider
Head Corporate Communications
M. +49 174 349 17 90 
anne.schneider@meyerburger.com

 

Alexandre Müller
Investor Relations
M. +41 43 268 3231
alexandre.mueller@meyerburger.com



End of Inside Information
Language: English
Company: Meyer Burger Technology AG
Schorenstrasse 39
3645 Gwatt
Switzerland
Phone: +41 033 221 28 00
E-mail: mbtinfo@meyerburger.com
Internet: www.meyerburger.com
ISIN: CH0108503795
Valor: A0YJZX
Listed: SIX Swiss Exchange
EQS News ID: 2031341

 
End of Announcement EQS News Service

2031341  15-Nov-2024 CET/CEST

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