DGAP-News: Manz AG wins two major orders in its Display division totalling around EUR 56 million
(firmenpresse) - DGAP-News: Manz AG / Key word(s): Incoming Orders
Manz AG wins two major orders in its Display division totalling around
EUR 56 million
07.02.2013 / 08:23
---------------------------------------------------------------------
Manz AG wins two major orders in its Display division totalling around EUR
56 million
- Evidence of company's successful diversification
- Display segment remains business model's main pillar due to dynamic
market growth
- Positive prospects of further major orders during the first half year
Reutlingen, February 7, 2013 - Manz AG, one of the world's leading
high-tech engineering companies with an extensive technology portfolio in
the three strategic divisions 'Display', 'Solar' and 'Battery', has
received two follow-up orders in its Display division with a volume of
around EUR 56 million. Manz thereby continues last year's dynamic trend in
new orders received from the display industry. These orders will largely
become effective in terms of sales revenues and earnings in the first half
of 2013.
The orders, which have been placed by established Asian suppliers to the
electronics industry, comprise equipment to manufacture touchpanel
displays, and components for smart phones and tablet computers. These
follow-up orders underscore Manz AG's successful progress over recent
years. The engineering company has become a sought-after provider of
high-tech production equipment in the display industry thanks to its
cross-sector technology transfer and extensive technological know-how. The
company especially benefits from its 'follow the market' strategy in this
context. Regional presence on Asian markets allows Manz AG to offer German
engineering expertise to its Far Eastern clients at local prices. With
production, research and development sites in Taiwan and China, Manz is
outstandingly positioned in the countries with the largest production
locations of the display industry.
The Display division has established itself as a very profitable and
high-growth pillar within Manz AG's business model over recent years. With
the major order that has now been received, Manz is continuing this
positive trend in 2013: new order intake in this division has totalled more
than EUR 80 million in the November 2012 to January 2013 period. Dieter
Manz, CEO of Manz AG, identifies in current overall conditions very good
opportunities for a continuing positive development in the Display segment:
'All over the world, we observe rapid growth in demand on the end-customer
market for touch screen mobile devices such as smart phones or tablet
computers. The current trend on the notebook market is also towards
equipment with touchpanel functions. The increasing integration of
touchpanel displays into a growing number of products offers Manz AG
excellent opportunities. With our innovative products and solutions for wet
chemical process steps, we are global market leader within the
manufacturing of touch sensors - the electronic components that actually
convert 'normal' displays into touchpanel displays. For this reason, we see
overall significant sales potential for our machines in the future and very
good prospects of winning further major orders during the first half of
this year - and consequently excellent opportunities of a positive
corporate performance in the current financial year.'
Company's 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, Israel, Slovakia, and Hungary. Manz also has sales
and service offices in the United States, South Korea, and India. At the
beginning of 2012, Manz AG had approximately 2,000 employees, 900 of whom
in Asia. With its 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. As an
engineering firm, the company plays a significant role in reducing the cost
of manufacturing end products, making these products available to large
groups of buyers worldwide.
Investor Relations-Kontakt
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-Kontakt
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
---------------------------------------------------------------------
07.02.2013 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,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
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
---------------------------------------------------------------------
200842 07.02.2013
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 07.02.2013 - 08:23 Uhr
Sprache: Deutsch
News-ID 227124
Anzahl Zeichen: 5253
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 307 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: Manz AG wins two major orders in its Display division totalling around EUR 56 million"
steht unter der journalistisch-redaktionellen Verantwortung von
Manz AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
