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Manz AG — Earnings Release 2014
Jan 15, 2014
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Earnings Release
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News Details
Corporate | 15 January 2014 07:32
Manz AG: Successful start to 2014 with around EUR 50 mn of new orders
Manz AG / Key word(s): Incoming Orders
15.01.2014 / 07:32
Manz AG: Successful start to 2014 with around EUR 50 mn of new orders
– Positive corporate trend continues in 2014 with around EUR 50 million of new orders in Display division
– First order for vacuum coating systems for the display industry offers additional revenue potential from follow-up orders
– Successful technology transfer from Solar division highlights innovative strength and outstanding market position
Reutlingen, January 15, 2014 – Manz AG, one of the world’s leading high-tech engineering companies with its extensive technology portfolio for the three strategic business areas ‘Display’, ‘Solar’ and ‘Battery’, has started the new year on a successful footing with new orders worth a total of around EUR 50 million in its Display division. These orders will already become effective in terms of both revenue and earnings in the first half of the year. Along with systems and plants in the automation, laser process technology and measuring technology areas to manufacture smart phones and tablet computers, these orders for the first time also comprise innovative vacuum coating systems to enhance touch panel displays’ scratch-resistance. Engineers at the German company site in Karlstein, where the development centre for vacuum coating technology is based, have thereby managed to successfully transfer to its Display division technology that was originally developed to produce solar cells. The innovative coating technology, which was developed in close cooperation with a leading smart phones manufacturer, offers excellent prospects for follow-up orders and corresponding high future revenue potential.
Dieter Manz, CEO and founder of Manz AG, regards this as confirmation of the company’s strategy: ‘These orders worth around EUR 50 million that we have received highlight our outstanding expertise as a high-tech engineering company within the still-booming display industry, and represent a very good start to our current 2014 financial year.’ From its established sites in China and Taiwan, Manz AG supplies the leading Asian suppliers to the electronics industry as well as renowned and globally-leading smart phone and tablet manufacturers with equipment to produce touch panel displays and other components for mobile devices. Dieter Manz is accordingly optimistic for the future: ‘The transfer of our innovative coating technology from our Solar division formed an important target of our strategic orientation. We have thereby tapped a lot of new applications, and again significantly extended our position as an equipment supplier to the electronics industry. From our Asian locations we can also supply German technology at locally competitive prices – something our industrial partners value. We also aim during the current 2014 financial year to consistently exploit the opportunities offered by new product developments and future technologies such as OLED.’
Company profile:
Manz AG – passion for efficiency
Manz AG, headquartered in Reutlingen, Germany, is one of the world’s leading high-tech engineering firms. Founded in 1987, in recent years the company has grown from an automation specialist into a supplier of integrated production lines. Manz has expertise in six fields of technology: automation, laser processes, vacuum coating, screen printing, metrology, and wet-chemical processes. These technologies are used and developed in three strategic business areas: Display, Solar, and Battery.
The company, led by founder Dieter Manz, has been listed on the stock exchange in Germany since 2006, and currently develops and manufactures in Germany, China, Taiwan, Slovakia, and Hungary. Manz also has sales and service offices in the United States, South Korea, and India. At the beginning of 2014, Manz AG had approximately 1,850 employees, half of them in Asia. With its slogan ‘Passion for Efficiency’, Manz is making a promise to offer its customers – all companies active in important future markets – increasingly efficient production equipment. Like this, the company contributes significantly to reduce the production costs of end products and thereby making them available for a broad range of buyers worldwide. .
Investor Relations contact
cometis AG
Ulrich Wiehle / Claudius Krause
Phone: +49 (0)611 – 205855-28
Fax: +49 (0)611 – 205855-66
E-Mail: [email protected]
Public Relations contact
Manz AG
Axel Bartmann
Phone: +49 (0)7121 – 9000-395
Fax: +49 (0)7121 – 9000-99
E-Mail: [email protected]
End of Corporate News
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| Language: | English |
| Company: | Manz AG |
| Steigäckerstr. 5 | |
| 72768 Reutlingen | |
| Germany | |
| Phone: | +49 (0) 7121 9000-0 |
| Fax: | +49 (0) 7121 9000-99 |
| E-mail: | [email protected] |
| Internet: | http://www.manz.com |
| ISIN: | DE000A0JQ5U3 |
| WKN: | A0JQ5U |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart |
| End of News | DGAP News-Service |
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| 248014 15.01.2014 |