Corporate | 7 February 2013 08:23
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Manz AG / Key word(s): Incoming Orders
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.
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
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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@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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| 200842 07.02.2013 |