Manz AG returns to the TecDAX
- Manz AG shares back in the TecDAX as of March 24, 2014
- Sustainable and profitable growth expected in 2014 and beyond
The shares of Manz AG (M5Z), one of the world's leading high-tech engineering companies with an extensive technology portfolio covering the three strategic divisions of "Display", "Solar" and "Battery", is listed on the TecDAX of the German Stock Exchange as of March 24, 2014. Following the very successful business performance and record revenue in 2013, the company's shares thus return to the league of Germany's 30 larges, Prime Standard listed technology companies in terms of market capitalization and trading volume.
Dieter Manz, CEO and founder of Manz AG, welcomes the company's listing in the index: "We are very pleased about our inclusion in the TecDAX, which we see as clear evidence of the capital market's confidence in our successful corporate strategy. The listing will increase our attractiveness to investors still further." Martin Hipp, CFO of Manz AG, adds: "We see excellent opportunities for Manz AG also in 2014 and beyond. We are convinced that sustainable, profitable company growth, with double-digit EBIT margins in the medium term, is possible."
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, Slovakia, and Hungary. Manz also has sales and service offices in the United States, South Korea, and India. At the beginning of 2014, Manz AG had approximately 1,850 employees, half of them in Asia. With its slogan "Passion for Efficiency", Manz is making a promise to offer its customers - all companies active in important future markets - increasingly efficient production equipment. Like this, the company contributes significantly to reduce the production costs of end products and thereby making them available for a broad range of buyers worldwide. .