Corporate | 31 March 2015 07:37
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Manz AG / Key word(s): Incoming Orders
Manz AG receives strategically important order from the e-mobility industry – Manz delivers pilot system for the manufacture of lithium-ion battery systems for electric cars to one of the leading companies of the industry – Increasing investment momentum in the e-mobility sector underscores high growth potential – Upon qualification of the pilot system for serial production, there will be outstanding opportunities for significant follow-up orders Reutlingen, March 31, 2015 – Manz AG, one of the world’s leading high-tech equipment manufacturers with an extensive technology portfolio for the three strategic segments Display, Solar and Battery, received a strategically important order from one of the leading companies of the e-mobility industry in the USA. The order is for a pilot system in which an innovative laser welding process will be used for the manufacture of lithium-ion battery systems. With the help of this procedure, the quality and performance of the batteries can be further increased – at reduced production costs. While the order volume for this system is only in the six-figure range, Manz AG sees outstanding opportunities for significant follow-up orders in the coming years once the new process has been successfully qualified for series production. Alongside the increase in the performance parameters of lithium-ion battery systems, the sustained lowering of their production costs, in particular, will be critical for the success of e-mobility. With the newly developed process for the electrical connection of the individual battery cells into a battery system through laser welding, Manz AG is driving this development forward. Dieter Manz, CEO and founder of Manz AG, stated: “This trailblazing order underscores our positioning as an established development partner of leading companies in growth industries and is the result of our innovativeness. The order opens up immense opportunities for us in the e-mobility industry and, in addition, documents our outstanding growth potential in the Battery segment. Currently, the growth momentum is essentially coming from the Consumer Electronics segment. But e-mobility is now clearly accelerating with significant revenue potential for Manz AG. Accordingly, I am convinced that we will soon see sales in the triple-digit million range in our fastest growing segment, the Battery segment.” Company profile: Manz AG – passion for efficiency As one of the world’s leading high-tech equipment manufacturers, Manz AG, based in Reutlingen, Germany, is a pioneer for innovative products in fast-growing markets. The company, founded in 1987, has expertise in seven technology sectors: Automation, laser processing, vacuum coating, screen printing, measurement technology, wet chemical processes and roll-to-roll processes. Manz deploys and further develops these technologies in three strategic business segments: “Display,” “Solar” and “Battery.” The company, led by founder Dieter Manz and listed on the stock exchange in Germany since 2006, currently develops and produces in Germany, China, Taiwan, Slovakia, Hungary and Italy. It also has sales and service branches in the USA and India. At the end of 2014, Manz AG had approximately 1,900 employees, around half of which work in Asia. With its claim “passion for efficiency,” Manz gives its clients, who are active in dynamic industries of the future, its performance promise: to provide production systems with the highest level of efficiency and innovation. Thanks to its extensive expertise in the development of new production technologies and the required equipment, Manz AG contributes substantially to lowering the production costs of end products and making them available to large buyer groups worldwide. Investor Relations Contact
cometis AG
Manz AG
2015-03-31 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP 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@manz.com | |
| Internet: | http://www.manz.com | |
| ISIN: | DE000A0JQ5U3 | |
| WKN: | A0JQ5U | |
| Indices: | TECDAX | |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart | |
| End of News | DGAP News-Service |
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| 339589 2015-03-31 |