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    DGAP-Adhoc  1395  0 Kommentare Manz AG: Preliminary order stop in the Energy Storage segment with potential impact on the 2016 forecast


    Manz AG / Key word(s): Miscellaneous

    11.06.2016 15:42

    Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
    by DGAP - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

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    Reutlingen, June 11, 2016 - Last night Manz AG, Reutlingen, (ISIN:
    DE000A0JQ5U3) was informed by an major customer that the customer will stop
    a large project in the Energy Storage segment. In the short term, the
    Management Board of Manz AG will enter into discussions with the customer
    if this order will be accomplished at a later stage. A final statement on
    whether this contract will be postponed or cancelled and its potential
    impact on 2016 revenues and earnings guidance will be possible after final
    negotiations. Therefore, there is the risk that the company's previous
    expectation for 2016 - a significant revenue increase compared to revenues
    of EUR 222 million in fiscal year 2015 and a significantly improved
    earnings before interest and taxes (EBIT) compared to the EBIT of EUR -58.2
    million in fiscal year 2015 - cannot be achieved.

    Additional information:

    ISIN: DE000A0JQ5U3
    WKN: A0JQ5U
    Ticker symbol: M5Z
    Market segment: regulated market (Prime Standard) of the Frankfurt Stock
    Exchange

    Manz AG
    Steigäckerstrasse 5
    72768 Reutlingen, Germany
    Germany

    < End of the Ad-hoc Announcement>

    Investor relations contact

    cometis AG
    Ulrich Wiehle / Claudius Krause
    Tel.: +49 (0)611 - 205855-28
    Fax: +49 (0)611 - 205855-66
    E-mail: krause@cometis.de

    Manz AG
    Axel Bartmann
    Tel.: +49 (0)7121 - 9000-395
    Fax: +49 (0)7121 - 9000-99
    E-Mail: abartmann@manz.com


    11.06.2016 The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap.de

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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: Regulated Market in Frankfurt (Prime Standard); Regulated
    Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart

    End of Announcement DGAP News-Service

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    DGAP-Adhoc Manz AG: Preliminary order stop in the Energy Storage segment with potential impact on the 2016 forecast Manz AG / Key word(s): Miscellaneous 11.06.2016 15:42 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. …