DGAP-News: Manz AG books new orders totalling EUR 40 million in its FPD and Li-Ion segments; revenues in 2011 reach a record total of EUR 240.5 million.
(firmenpresse) - DGAP-News: Manz AG / Key word(s): Final Results
Manz AG books new orders totalling EUR 40 million in its FPD and
Li-Ion segments; revenues in 2011 reach a record total of EUR 240.5
million.
28.03.2012 / 07:44
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- Additional new orders valued at around EUR 40 million, order backlog
currently stands at over EUR 104 million
- Revenues some 33% higher than the year before
- Operating profit (EBIT) improves to EUR 3.1 million
Reutlingen, 28 March 2012 - Manz AG, one of the leading suppliers of
production systems for the photovoltaic and flat panel display (FPD)
industries, today published its annual report for 2011 announcing the
highest annual sales revenues in the company's history. The 2012 financial
year is also off to a good start for the high-tech engineering company in
Reutlingen thanks to several new contracts and a strong orderbook.
In the past financial year Manz AG generated revenues of EUR 240.5 million
(previous year: EUR 181.4 million), exceeding its revised autumn forecast
for revenues in the order of EUR 220 - 230 million. Total operating
revenues were up by 30% from EUR 205.0 million to 266.7 million. Strong
growth rates in the FPD and New Business segments in particular compensated
for the modest development in the solar business. Following on from
earnings before interest and taxes (EBIT) of EUR 0.6 million in the
preceding year, in 2011 Manz AG achieved EBIT of EUR 3.1 million. Taking
financial income into account, pre-tax earnings (EBT) amounted to EUR 2.2
million (previous year: EUR 0.7 million). Due to tax effects, however,
Group earnings slipped slightly to EUR 1.2 million (previous year: EUR 1.8
million), equating to earnings per share of EUR 0.19 (previous year: EUR
0.35).
After booking an individual order in the FDP segment in February 2012
valued at EUR 33 million, the company followed this up in March with
additional contracts totalling around EUR 40 million. These include further
orders for equipment and systems to produce components for the FPD industry
amounting in total to EUR 32 million. In addition in its New Business
segment, Manz has also won orders worth around EUR 8 million for Li-Ion
battery production systems. Order backlog as of today's date now stand at
over EUR 104 million.
Dieter Manz, CEO of Manz AG, expressed his satisfaction with the business
development: 'Having successfully implemented our diversification and
integration strategy, the results we have achieved once again underscore
our powers of innovation. By transferring technology between sectors, our
business model is becoming increasingly robust against cyclical
fluctuations in individual industries. Our successful strategy is also
reflected in the latest orders in our FPD and New Business segments.'
Describing the orders recently acquired, Dieter Manz continued: 'The
equipment ordered for the FPD industry is essentially based on a technology
platform originally developed for the production of crystalline solar
cells. This once again underscores the strengths of our business. What's
more, the order for production systems to manufacture lithium-ion batteries
demonstrates that our research and development is accurately targeting the
needs of the industry. We are now unlocking new sales potential in this
young and growing sector.'
Looking ahead to future developments, Manz AG CFO Martin Hipp added:
'Thanks to our strong orderbook, our production capacities are well
utilised. With an order backlog currently standing at around EUR 104
million, there is an excellent chance that our revenues this year will be
on a par with 2011. With 'non-solar' orders accounting for over 90% of our
orderbook, we are highly confident of achieving our targets despite the
current weakness in the solar industry market. Dependent on the development
in the market for CIGS technology, the potential exists to exceed the
targets we have set.'
The full annual report for 2011 can be downloaded from the Investor
Relations section of the company's website at www.manz.com.
Manz AG - passion for efficiency
Manz AG, headquartered in Reutlingen, Germany, (ISIN: DE000A0JQ5U3) 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 for crystalline solar cells and
thin-film solar modules, as well as lines for manufacturing flat panel
displays. Another area of business is the development and manufacture of
production systems for lithium-ion batteries. The company, led by founder
Dieter Manz, has been listed on the stock exchange in Germany since 2006,
and currently operates production facilities in Germany, China, Taiwan,
Slovakia, and Hungary. At the beginning of 2012, Manz AG had approximately
2.000 employees, 850 of which work in Asia. With its new slogan 'Passion
for Efficiency,' Manz's engineers are making a promise to offer its
customers - all companies active in important future markets - increasingly
efficient production equipment.
Investor relations contact:
cometis AG
Ulrich Wiehle / Claudius Krause
Tel.: +49 (0)611 - 205855-28
Fax: +49 (0)611 - 205855-66
E-Mail: krause(at)cometis.de
Public relations contact:
Manz AG
Axel Bartmann
Tel.: +49 (0)7121 - 9000-395
Fax: +49 (0)7121 - 9000-99
E-Mail: abartmann(at)manz.com
End of Corporate News
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28.03.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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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: info(at)manz.com
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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162608 28.03.2012
Themen in dieser Pressemitteilung:
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ion-segments
revenues-in-2011-reach-a-record-total-of-eur-240-5-million
Unternehmensinformation / Kurzprofil:
Datum: 28.03.2012 - 07:44 Uhr
Sprache: Deutsch
News-ID 129173
Anzahl Zeichen: 4185
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Kategorie:
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