17.02.2016
Manz AG DE000A0JQ5U3
DGAP-News: Manz AG confirms dynamic growth with new major orders in the Electronics business segment
DGAP-News: Manz AG / Key word(s): Incoming Orders
Manz AG confirms dynamic growth with new major orders in the Electronics
business segment
17.02.2016 / 07:31
The issuer is solely responsible for the content of this announcement.
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Manz AG confirms dynamic growth with new major orders in the Electronics
business segment
- New and follow-up orders totaling more than 20 million euros in the
Electronics segment acquired
- Automation trend in China continues - large Chinese group becomes a new
Manz customer
- Development of a new industry through successful technology transfer -
New customer to rely on Manz for the assembly of electronic control
units
- New generation of laser equipment replaces current technology at
long-standing large customer
Reutlingen, February 17, 2016 - Manz AG, a multinational high-tech
equipment manufacturer with an extensive technology portfolio covering the
three strategic business segments of "Electronics", "Solar" and "Energy
Storage", has acquired several large and strategically important orders in
the Electronics segment, following several new and follow-up orders in the
Energy Storage segment last week. These new and follow-up orders comprise
machines for assembly automation and laser process equipment with a total
volume of more than 20 million euros. The orders will impact revenues and
earnings during the first six months of 2016.
Manz AG identified the increasing trend towards automation in the
production processes of Asian countries, particularly China, at a very
early stage, and used its decades-long technological expertise to position
itself in the robotics, automation, image processing and control technology
segments of the market. Following the company's successful acquisition of
several large orders in this segment last year, it has now obtained a large
Chinese group in the Consumer Electronics industry as a new customer.
Dieter Manz, CEO and founder of Manz AG, commented, "this order from our
new Chinese customer regarding machines for the automated assembly of
equipment in the Consumer Electronics segment is of considerable strategic
importance. Until now, mainly Western corporations were driving the trend
towards automation in Chinese production. In view of increasing wage costs
and demands for consistent product quality, more and more Chinese
corporations are also joining this trend. This will provide additional
impulse to the market, which creates considerable potential for our
company." With its locations in Taiwan and China, Manz AG offers German
engineering at locally competitive prices. And with its modular and fully
automated assembly systems, the high-tech equipment manufacturer is ideally
positioned to offer tailored solutions for the needs of the Consumer
Electronics industry.
In addition, Manz AG was also able to impress another new multinational
customer with its expertise from the successful technology transfer and
further development of the technology platform for assembly automation that
is already established in the Consumer Electronics industry. The orders
obtained by the company in this context comprise machines for the automated
assembly of electronic control units. Dieter Manz: "Diversification forms
an integral part of our intensively pursued strategy. I am pleased that we
have once again demonstrated our innovation power and flexibility with the
addition of new customers to our business segment."
Manz once again proved its innovation power for a long-standing large
customer from the Consumer Electronics industry. As a result, the company
received a large order for machines with innovative laser process
technology for the production of Smartphone and tablet computer components.
The new technology significantly improves the quality of the manufactured
parts with more rapid throughput in the production process. Dieter Manz
commented, "as a development partner, we can do our part in continuously
enhancing the end products of our customers with the use of innovative
production processes. And as a high-tech equipment manufacturer, that is
the best confirmation of our abilities."
Company profile:
Manz AG - passion for efficiency
As one of the world's leading high-tech equipment manufacturers, Manz AG,
based in Reutlingen, Germany, is a pioneer for innovative products in
fast-growing markets. Founded in 1987, the company has expertise in seven
technology sectors: automation, vacuum coating, laser processing, screen
printing, metrology, wet chemical and roll-to-roll processing. Manz deploys
and continuously develops these technologies in three strategic business
segments: Electronics, Solar and Energy Storage.
The company is led by founder Dieter Manz and has been listed on the stock
exchange in Germany since 2006. It currently develops and produces in
Germany, China, Taiwan, Slovakia, Hungary and Italy. It also has sales and
service branches in the United States and India. Manz's claim "passion for
efficiency" offers the promise of production systems of the highest
efficiency and innovation to its customers in dynamic, future-oriented
industries. With its comprehensive expertise in developing new production
technologies and related machines, the company substantially contributes to
reducing production costs for end products, making them accessible to large
groups of buyers the world over.
Investor relations contact
cometis AG
Ulrich Wiehle / Claudius Krause
Tel.: +49 (0)611 - 205855-28
Fax: +49 (0)611 - 205855-66
E-mail: [email protected]
Manz AG
Axel Bartmann
Tel.: +49 (0)7121 - 9000-395
Fax: +49 (0)7121 - 9000-99
e-mail: [email protected]
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17.02.2016 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.
Media archive at www.dgap-medientreff.de and 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
End of News DGAP News Service
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