Manz AG achieves agreement in the area of order stops in the energy sector Storage and confirms forecast 2016
The Manz AG, Reutlingen, recently With an important customer, the beginning of June 2016 a large project in the field of Energy
Storage with possible impact on the forecast for the 2016 financial year in the short term (Ad hoc announcement of 11 June 2016), a settlement agreement completed. As a result of the agreement, Manz AG will now be finalized Canceled order no further negative results. However, Order cancellation as well as the absence of expected subsequent orders Revenue and income for the full year 2016. However, the Management Board of Manz AG subject to the planned issuance of an order for a CIGSfab at the previous Forecast for the 2016 financial year. This looks a significant increase in the Sales of the Manz Group compared to the sales achieved in fiscal year 2015 As well as significantly improved earnings before interest and taxes (EBIT) compared to In the fiscal year 2015.
