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Thu, 07.11.2024
Manz AG receives follow-up order from renowned automotive supplier for high-volume inverter assembly line
Assembly line encompasses highly complex process steps in its interlinking
Automation and process expertise of Manz convinces
Order volume in the low double-digit million-euro range
Reutlingen, November 7, 2024 – Manz AG, a global high-tech ...
Manz AG implements an important component for financing the efficiency program through cash capital increase
Successful execution of a cash capital increase of 20% of the share capital
Mr. Eng Kee Tan, founder and majority shareholder of Greatech Technology Berhad, subscribes for 1,708,514 new shares of Manz AG as a strategic investor
Gross proc...
Manz AG places cash capital increase in the amount of 20% of the share capital with Mr. Eng Kee Tan, the majority shareholder of Greatech Technology Berhad
Reutlingen, 24 October 2024 – The Management Board of Manz AG (ISIN: DE000A0JQ5U3), with the approval of the Supervisory Board, resolved to issue 1,708,514 new shares (corresponding to 20% of ...
Manz AG still affected by market environment in the first half of 2024 – implementation of efficiency program begins
Revenue of EUR 98.6 million, 30.6% below the level of the previous year
Multi-stage efficiency program aims to improve operating performance and expand strategic focus
E-mobility and battery business remain important strategic pil...
Manz AG successfully completes sale of Hungarian subsidiary
Reutlingen, July 24, 2024 - Manz AG, a globally active high-tech mechanical engineering company with a comprehensive technology portfolio, has completed the sale of its Hungarian subsidiary Manz Hungary Kft, Debrecen. The shares were sold to Harro Höfliger Verpackungsmaschinen GmbH, Allmer...
Manz AG launches comprehensive efficiency program and reorganizes Managing Board
Dr. Ulrich Brahms to become new CEO, Martin Drasch to leave the company
Expansion of the Managing Board to three members: Stefan Lutter takes over new position as CTO
Efficiency program to streamline organization and optimize processes
In the future, the strategic...
Manz AG reorganises the Managing Board
Reutlingen, July 11, 2024 – The Supervisory Board of Manz AG, a globally active high-tech mechanical engineering company with a comprehensive technology portfolio, today resolved to reorganize the Managing Board. The previous CEO Martin Drasch will leave the company at his own request and by best mutual agr...
2024 Annual General Meeting of Manz AG: Shareholders approve all agenda items
Reutlingen, July 2, 2024 – The Manz AG, a global high-tech equipment manufacturer with an extensive technology portfolio, successfully held its 2024 Annual General Meeting today. The share capital represented at the time of voting was 48.12 %. All items on the agenda were...
Manz AG: Manz AG responds to market environment and reviews efficiency program
- Noticeable slowdown in the European electromobility market
- Adjustment of 2024 forecast: revenue and earnings significantly below previous year
- Streamlining of processes and structures, cost reductions planned
Reutlingen, June 27, 2024 – The Manz AG, a global h...
Manz AG publishes Annual Report 2023 and preliminary figures for the first quarter of 2024
Revenues of EUR 249.2 million in the 2023 fiscal year almost at the previous year's level
Group EBIT of EUR 2.9 million in 2023 after EUR -4.2 million in the previous year
Revenues of EUR 51.2 million in the first quarter of 2024 with an almost balanced re...
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