Manz AG confirms development in 2019 and provides outlook for 2020
in EUR million 2019 2018 Group revenues 264.4 296.9 Solar 47.5 105.0 Electronics 115.7 93.9 Energy Storage 40.7 35.4 Contract Manufacturing 41.5 43.1 Service 19.1 19.5 EBIT Group -7.6 -3.4 Solar -2.0 14.4 Electronics -7.6 -12.0 Energy Storage -11.3 -9.9 Contract Manufacturing 11.5 1.2 Service 1.6 3.9 EBITDA Group 9.2 9.5 Solar 1.4 18.1 Electronics 0.4 -6.6 Energy Storage -7.3 -6.9 Contract Manufacturing 12.3 1.8 Service 2.2 4.1
Manz AG - passion for efficiency Founded in 1987, Manz AG is a global high-tech equipment manufacturing company. Its business activities cover the areas of Solar, Electronics, Energy Storage, Contract Manufacturing and Service.
With many years of expertise in automation, laser processing, vision and metrology, wet chemistry and roll-to-roll processes, the company offers manufacturers and their suppliers innovative production solutions in the areas of photovoltaics, electronics, and lithium-ion battery technology. The company's product portfolio includes both customer-specific developments and standardized single machines and modules, which can be linked to create complete custom systems. Manz AG offers high-quality, needs-based solutions that can be integrated early into customer projects to contribute significantly to customer success.
The company, listed on the stock exchange in Germany since 2006, develops and produces in Germany, Slovakia, Hungary, Italy, China and Taiwan. It also has sales and service branches in the USA and India. Manz AG currently employs roughly 1,600 workers worldwide, around half of whom work in the Asia region, which is key to the company's target industries. Manz Group revenue in the 2019 financial year totaled around 264 million euros.
Contact Manz AG Axel Bartmann Phone: +49 (0)7121 - 9000-395 Fax: +49 (0)7121 - 9000-99 e-mail: email@example.com
cometis AG Claudius Krause Phone: +49 (0)611 - 205855-28 Fax: +49 (0)611 - 205855-66 e-mail: firstname.lastname@example.org
26.03.2020 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. Archive at www.dgap.deLanguage: English Company: Manz AG Steigäckerstr. 5 72768 Reutlingen
Germany Phone: +49 (0) 7121 9000-0 Fax: +49 (0) 7121 9000-99 E-mail: email@example.com Internet: http://www.manz.com ISIN: DE000A0JQ5U3 WKN: A0JQ5U Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1007311 End of News DGAP News Service