Corporate | 11 April 2013 10:01
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Manz AG / Key word(s): Incoming Orders
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 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 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
Public Relations contact
Manz AG
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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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| 206753 11.04.2013 |