DGAP-News

Manz AG Starts 2016 with Good Level of Incoming Orders

DGAP-News: Manz AG / Key word(s): Incoming Orders
Manz AG Starts 2016 with Good Level of Incoming Orders

10.02.2016 / 07:29
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Manz AG Starts 2016 with Good Level of Incoming Orders

- Acquired new and follow-up orders in the lower double-digit million
Euro range in the Energy Storage segment

- Advanced negotiations in the Electronics segment likely to lead to
further incoming orders in the short term

- Review of strategic options in the Solar segment at an advanced stage;
initial results expected at the end of February

- Management expects a clearly improved earnings due to restructuring
measures initiated

Reutlingen, 10. February 2016 - Manz AG, a multinational high-tech
equipment manufacturer with an extensive technology portfolio covering the
three strategic business segments of "Electronics", "Solar" and "Energy
Storage", has started the current year with a good level of incoming
orders. During the first few weeks of 2016, the company has received orders
for machines to manufacture high-performance lithium-ion batteries for a
total sales volume in the lower double-digit million Euro range. The orders
will impact revenues and earnings during the first six months of 2016.

New and follow-up orders in the Energy Storage segment came from customers
in the Consumer Electronics and e-mobility sectors from Europe, Asia and
the USA. Dieter Manz, CEO and founder of Manz AG: "Producers of smartphones
and tablets, along with manufacturers in the e-mobility segment, are
providing sustained growth impulses in the market. This has benefited us as
a high-tech equipment manufacturer, as our battery business has maintained
its strong performance into 2016." The Reutlingen-based equipment
manufacturer established itself as an innovation driver on the market for
lithium-ion batteries very early on, also with the successful takeover and
rapid integration of Manz Italy.

The orders received now underline the established customer relations of
Manz AG in the Energy Storage segment. Therefore, Manz AG registered
several follow-up orders from current customers in the Consumer Electronics
segment for machines that produce efficient lithium-ion batteries.
Furthermore, in close cooperation with a major customer, Manz brought a
comprehensive development project in this segment to a successful close in
January 2016. Manz AG was able to meet all of the development objectives of