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Manz AG (M5ZG.DE)

M5ZG.DE on Xetra

31.00EUR
15 Dec 2017
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€0.12 (+0.37%)
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Latest Key Developments (Source: Significant Developments)

Manz 9-month EBIT turns to profit of 0.8 million euros
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - MANZ AG ::9-MONTH ‍REVENUE ABOUT 15 % HIGHER THAN PREVIOUS YEAR AT 193 MILLION EUROS​.9-MONTH ‍EBITDA OF 8.5 MILLION EUROS (PREVIOUS YEAR: -15.2 MILLION EUROS)​.9-MONTH ‍EBIT OF 0.8 MILLION EUROS (PREVIOUS YEAR: -25.7 MILLION EUROS​.OUTLOOK 2017: ‍CONTINUES TO EXPECT A SIGNIFICANT INCREASE IN REVENUES TO AT LEAST 350 MILLION EUROS​.‍EXECUTIVE BOARD SEES COMPANY ON TARGET, WITH AN ORDER BACKLOG OF 287.3 MILLION EUROS AS OF SEPTEMBER 30, 2017​.OUTLOOK 2017: ‍EXPECTS SIGNIFICANTLY IMPROVED AND POSITIVE EBIT VERSUS PREVIOUS YEAR (-35.9 MILLION EUROS).  Full Article

Manz AG: no mandatory offer by anchor shareholder Shanghai Electric
Friday, 26 May 2017 

May 26 (Reuters) - MANZ AG ::NO MANDATORY OFFER BY ANCHOR SHAREHOLDER SHANGHAI ELECTRIC.OPTION TO CONCLUDE A VOTING AGREEMENT WITH DIETER MANZ NOT EXERCISED BY DEADLINE ON MAY 24, 2017.CEO DIETER MANZ REMAINS PRIMARY SHAREHOLDER OF COMPANY.  Full Article

Manz appoints Eckhard Hoerner-Marass as chief restructuring officer
Thursday, 22 Sep 2016 

Manz Ag : Managing board strengthened by chief restructuring officer (CRO) .Position will be staffed by Eckhard Hoerner-Marass.  Full Article

Manz H1 revenues at 124.0 million euros
Thursday, 11 Aug 2016 

Manz AG : H1 net loss -17 million euros versus -15 million euros loss year ago . Forecast for full 2016 year affirmed . At 124.0 million euros ($138.45 million), revenues in first six months of 2016 slightly above previous year .H1 EBIT amounted to -11.7 million euros (previous year: -12.9 million euros).  Full Article

Manz: first serial order within the scope of the Speedfactory project by adidas
Thursday, 7 Jul 2016 

Manz AG : First serial order within the scope of the Speedfactory project by adidas . Order will generate revenues and profit in this fiscal year .As project progresses, further orders are expected over coming years.  Full Article

Manz says order stop may impact 2016 forecast
Monday, 13 Jun 2016 

Manz AG : Said on Saturday it had been informed by a major customer that the customer would stop a large project in the Energy Storage segment . Said 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 .There is the risk that the company's previous expectation for 2016 cannot be achieved.  Full Article

Manz and Shanghai Electric join forces in solar technology development
Wednesday, 25 May 2016 

Manz AG :Shanghai Electric and the Manz Group join forces in solar technology development.  Full Article

Shanghai Electric's unit acquires stake in Germany's Manz AG
Tuesday, 24 May 2016 

Shanghai Electric Group <601727.SS><2727.HK> :Says German unit has bought 1.5 million shares in Germany's Manz AG at 34.74 euros per share for 19.7 percent stake.  Full Article

Manz raises around 75.6 mln euros from capital increase
Friday, 20 May 2016 

Manz AG : Successful completion of the capital increase with subscription rights .Net issue proceeds for company amount to around 75.6 million euros ($84.81 million).  Full Article

Manz resolves on cash capital increase with subscription rights in the amount of 43 pct of share capital
Wednesday, 20 Apr 2016 

Manz AG:Resolves on cash capital increase with subscription rights in the amount of 43 pct of share capital.Share capital of the company shall be increased by partial utilization of the authorized capital 2015 from 5,420,864 euros by 2,323,224 euros to 7,744,088 euros against cash contributions.In conformity with the subscription ratio of 7:3, three new shares can be subscribed for each seven old shares of the company.Subscription price of each new share subscribed is 34.74 euros.Shanghai Electric Germany Holding GmbH, a German subsidiary of Shanghai Electric Group Co., Ltd. has agreed to take over at subscription price new shares not subscribed by shareholders.  Full Article

BRIEF-Manz 9-month EBIT turns to profit of 0.8 million euros

* 9-MONTH ‍REVENUE ABOUT 15 % HIGHER THAN PREVIOUS YEAR AT 193 MILLION EUROS​