17.07.2018
Manz AG DE000A0JQ5U3
DGAP-News: Manz AG receives major order from one of the largest iron and steel conglomerates in in the world
DGAP-News: Manz AG / Key word(s): Incoming Orders
Manz AG receives major order from one of the largest iron and steel
conglomerates in in the world
17.07.2018 / 07:30
The issuer is solely responsible for the content of this announcement.
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Manz AG receives major order from one of the largest iron and steel
conglomerates in the world
- Major order amounting to more than 20 million euros for pilot line for
laser structuring of sheet metal
- Further development of long-established processes for laser structuring
for the solar industry
- Pilot line is the first system of its kind in the world with corresponding
potential for the future
Reutlingen, July 17, 2018 - Manz AG, a global high-tech equipment
manufacturer with a comprehensive technology portfolio, has received a major
order worth more than 20 million euros from one of the largest iron and
steel conglomerates in the world. The order encompasses a globally unique
pilot line for laser structuring of sheet metal and will be reflected in
revenues and earnings in the 2018 and 2019 fiscal years.
After developing the feasible technological route of manufacturing and the
requirements for the process functions, the customer cooperated with TRUMPF
GmbH + Co. KG and developed the preliminary concept for the manufacturing
technology. Based on this concept, Manz AG's Solar segment has developed a
continuous laser structuring process for sheet metal with the main frame
coming from the laser structuring process in the production of thin-film
solar modules. This process has been further developed by Manz together with
TRUMPF GmbH + Co. KG and the customer. The core of this globally unique
approach is structuring sheet metal from a coil by means of laser in a
continuous process. The structured sheet metal will be used in electrical
components with a significantly increased efficiency. In developing the
pilot line, Manz AG is utilizing its many years of experience in laser
structuring of large surface substrates as well as in optical control
systems and integrated analytical instruments.
Martin Drasch, responsible for the Solar business segment as COO at Manz AG,
comments: "The major order from one of the largest iron and steel companies
in the world, impressively demonstrates Manz AG's innovative capability.
With our long-lasting experience in the Solar business segment, we
understand the demands of the industry in laser structuring: high throughput
with very high precision and quality in the laser structuring process. On a
large scale production area, we will be able to guarantee laser structuring
in the micrometer range by means of integrated vision and closed loop
control systems. The line will be the first of its kind in the world and
will offer corresponding potential for equipping additional steel plants."
The newly founded laser competence center of Manz AG in Reutlingen will also
be integrated in the development of this innovative pilot line. The entire
laser expertise of the Manz Group across all business segments is bundled
together and continuously developed further here, while innovations are
brought to market readiness in order to open up new revenue and profit
potential.
Company profile:
Manz AG - passion for efficiency
As a globally leading high-tech equipment manufacturer, Manz AG, based in
Reutlingen, Germany, is a pioneer of innovative products in fast-growing
markets. Founded in 1987, the company has expertise in five technology
sectors: automation, laser processing, and measurement technology, as well
as wet chemical and roll-to-roll processes. These technologies are deployed
and continuously developed by Manz in three strategic business segments:
"Electronics," "Solar," and "Energy Storage."
The company has been listed on the stock exchange in Germany since 2006 and
currently develops and manufactures in Germany, China, Taiwan, Slovakia,
Hungary, and Italy. It also has sales and service branches in the USA and
India. Manz AG currently has around 1,700 employees, about half of which are
located in Asia. With its claim "passion for efficiency," Manz makes the
following service promise to its customers active in dynamic future-oriented
industries: offering production equipment with the highest degree of
efficiency and innovation. With Manz AG's comprehensive expertise in the
development of new production technologies along with the equipment required
for this, the company makes a significant contribution to reducing the
production costs for end products and making these accessible to a broad
range of buyers around the world.
Investor Relations Contact
cometis AG
Claudius Krause
Phone: +49 (0)611 - 205855-28
Fax: +49 (0)611 - 205855-66
E-mail: [email protected]
Manz AG
Axel Bartmann
Phone: +49 (0)7121 - 9000-395
Fax: +49 (0)7121 - 9000-99
E-mail: [email protected]
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17.07.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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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: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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