DGAP-News: Manz AG acquires attractive new customer in its Battery division
(firmenpresse) - DGAP-News: Manz AG / Key word(s): Incoming Orders
Manz AG acquires attractive new customer in its Battery division
11.04.2013 / 10:01
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Manz AG acquires attractive new customer in its Battery division
- Manz acquires one of the world's leading battery manufacturer as a new
customer
- Order volume of around EUR 4.5 million with potential for follow-up
orders
- Positive prospects for 2013 with order backlog of around EUR 128
million
Reutlingen, April 11, 2013 - Manz AG, one of the world's leading high-tech
engineering companies with its extensive technology portfolio covering the
three strategic business areas of 'Display', 'Solar' and 'Battery', has
received an order of around EUR 4.5 million in its Battery division. In
this division, Manz offers its customers equipment to produce Li-Ion
battery cells and systems for the use in electro-mobility and stationary
energy storage. This order from Saft comprises highly precise systems to
manufacture prismatic battery cells. Thereby, Manz AG won out against
competitors from Asia and Europe thanks to its extensive know-how in the
process control, automation and laser technology areas due to its systems'
marked superiority in terms of speed and construction size.
Dieter Manz, CEO and founder of Manz AG, commented on the order as follows:
'We are proud that our machines' top quality proved persuasive to Saft, one
of the most renowned and experienced lithium-ion battery manufacturers.
Again our broad technological know-how as a high-tech engineering company
has proved its worth. Our extensive automation expertise and systems'
perfectly coordinated interconnection in the laser process, vacuum
technology and measuring technology areas give us crucial competitive
advantages both in cell manufacturing and in combining cells into complete
battery systems. For this reason, we are confident that we can expand this
new customer relationship in the future, and win further orders.'
This received order in the Battery division is in line with the dynamic
development of the order backlog since the beginning of the year. Over the
past weeks Manz AG has already booked both new and follow-up orders in its
Display division with a total volume of around EUR 80 million. The order
backlog as of March 12, 2013 amounts to around EUR 128 million, which is
significantly more than double the level of early previous year's level.
Dieter Manz: 'Since the beginning of the year the development in both our
Display and Battery divisions is broadly positive. We regard this as clear
evidence that our extensive technological portfolio, our company's
strategically diversified orientation and our cross-sector technology
transfer are successful and right.'
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 Germanysince 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 2013, Manz AG had approximately 1,850 employees, half of them
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 contact
cometis AG
Ulrich Wiehle / Claudius Krause
Phone: +49 (0)611 - 205855-28
Fax: +49 (0)611 - 205855-66
E-Mail: krause(at)cometis.de
Public Relations contact
Manz AG
Axel Bartmann
Phone: +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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11.04.2013 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
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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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