DGAP-News: Manz Automation AG acquires new orders with a total volume of more than EUR 50 million
(firmenpresse) - Manz Automation AG / Key word(s): Miscellaneous
01.12.2010 08:00
---------------------------------------------------------------------------
- Major orders in flat panel display segment, in particular for touch panel
equipment
- Continued strong demand for production equipment for crystalline solar
cells
Reutlingen, December 1, 2010 - Manz Automation AG, one of the world's
leading technology providers for the photovoltaic and flat panel display
(FPD) industries, has acquired new orders with a total volume of more than
EUR 50 million. These primarily include equipment to produce touch panels
and automation and process equipment for the manufacture of crystalline
solar cells. The new orders are mostly from Asian customers and will be
reflected in revenues and earnings in the coming fiscal year.
In total, the company is currently recording a strong increase in its
dynamic growth in all of its segments. This has increased very
significantly in the past few weeks in particular for equipment used to
produce flat panel displays. At present, massive investments are being made
in setting up new production facilities for touch panels. Together with its
subsidiaries in Taiwan and China, Manz is the leading provider of wet
chemical production lines and automation systems for this segment.
The photovoltaic industry is also continuing to enhance the company's
operating business. Chinese customers in particular are investing in new,
highly efficient equipment to produce solar cells. Manz Automation believes
that the increasing cost pressure in the photovoltaic industry will even
reinforce this trend and lead to additional investments in new production
lines.
Due to that, the company is benefiting from its strategy of making
substantial investments in research and development activities during the
crisis, and retaining its production capacity. The newly developed products
in particular are contributing to the upswing, with the result that Manz
Automation is once again underscoring its position as the innovation driver
in the FPD and solar industries. The company thus has excellent foundations
for further dynamic growth. Its order books are already well-filled through
to the middle of the coming year and orders are due to be placed for more
major projects in the coming weeks and months. As a result, the company
currently believes that it will be able to record additional significant
increases in its revenues in 2011. There is also a very positive
profitability trend which will continue in the coming fiscal year.
Dieter Manz, Manz Automation AG's CEO, is thus very pleased: 'Our strategy
is paying off, and our innovative product portfolio means that we can
participate in the positive economic growth. Keeping and further expanding
our capacity means that we are able to realize this strong growth. We are
also planning to consistently continue and further expand our R&D
activities in 2011.' He added: 'Developments in the Li-Ion segment are also
very positive. We have succeeded in co-developing additional pilot lines in
this sector, thus again proving our expertise on this high-growth market.'
Company profile: Manz Automation AG
Reutlingen-based Manz Automation AG (ISIN: DE000A0JQ5U3) is one of the
world's leading technology providers for production systems in the
photovoltaic industry, the FPD industry and for Li-ion battery production.
The Manz Group's core competences are in robotics, image processing, laser
technology, quality assurance, metallization, wet chemicals as well as
control and drive technology. In-depth research and development activities
mean that Manz Automation now ranks among the world's technology leaders in
these segments. Manz has special photovoltaic experience in the field of
integrated system solutions for the manufacture of crystalline solar cells
and thin-film solar modules. With regard to the latter, the company is
characterized, in particular, by its unique expertise in CIGS technology.
Manz is the only provider to have access to a 30 MW CIGS reference factory,
run by its strategic alliance partner Würth Solar. This factory has been
tried-and-trusted since 2006 with 24/7 operations, and offers the highest
effectiveness recorded to date in mass production. The factory is available
as part of the strategic alliance with Würth for the further development of
production technology and the qualification of new processes and materials.
The Manz Group has sales and service branches in Germany, Taiwan, the USA,
China, South Korea, India and Spain. In addition, the Manz Group has its
own production facilities in Germany, Slovakia, Hungary, Taiwan and China.
Investor relations contact:
cometis AG
Ulrich Wiehle / Dominic Großmann
Tel.: +49 (0)611 - 205855-15
Fax: +49 (0)611 - 205855-66
E-Mail: grossmann(at)cometis.de
Public relations contact:
Manz Automation AG
Axel Bartmann
Tel.: +49 (0)7121 - 9000-395
Fax: +49 (0)7121 - 9000-99
E-Mail: abartmann(at)manz.com
01.12.2010 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 Automation AG
Steigäckerstr. 5
72768 Reutlingen
Deutschland
Phone: +49 (0) 7121 9000-0
Fax: +49 (0) 7121 9000-99
E-mail: info(at)manz-automation.com
Internet: http://www.manz-automation.com
ISIN: DE000A0JQ5U3
WKN: A0JQ5U
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in München, Düsseldorf, Berlin, Stuttgart
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
Datum: 01.12.2010 - 08:00 Uhr
Sprache: Deutsch
News-ID 32761
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 250 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: Manz Automation AG acquires new orders with a total volume of more than EUR 50 million"
steht unter der journalistisch-redaktionellen Verantwortung von
Manz Automation AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
