ZURICH, Nov 15 (Reuters) -

Meyer Burger on Friday said its future looked

uncertain after announcing its biggest customer had ended its

agreement with the company as the struggling solar panel maker

attempts to restructure operations to stay in business.

Meyer Burger announced that renewable energy

company DESRI had notified the Swiss firm that it would

terminate its accord with immediate effect.

Meyer Burger said in a statement that it is analysing

the situation but that irrespective of the validity of such a

termination, the step 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 continue as a going

concern," Meyer Burger said, adding that it would provide

further information in due course.

Bernd Laux, an analyst at Zuercher Kantonalbank, said

the development was bad news for the company's prospects.

"This very likely is the end of Meyer Burger," he said,

noting that DESRI was the company's biggest customer by far.

"With the likely introduction of higher tariffs in the

United States, the business model of Meyer Burger making solar

cells in Germany and selling them in the U.S. is no longer

sustainable," added Laux.

He estimated Meyer Burger was expected to getting nearly

90% of its 2025 and 2026 sales from DESRI.

Earlier today the Swiss stock exchange, SIX Swiss

Exchange, suspended the trading of Meyer Burger shares. The

shares are now set to resume trading at 1130 GMT, SIX announced.