EQS-News: Manz AG implements an important component for financing the efficiency program through cash capital increase
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EQS-News: Manz AG
/ Key word(s): Corporate Action
Manz AG implements an important component for financing the efficiency program through cash capital increase
Reutlingen, 24 October 2024 – Manz AG, a global high-tech equipment manufacturer with an extensive technology portfolio, successfully places 1,708,514 new shares with a strategic investor as part of a capital increase against cash contributions, making partial use of the authorized capital 2024 and excluding subscription rights for existing shareholders. The new shares were subscribed by Mr. Eng Kee Tan, founder and majority shareholder of Greatech Technology Berhad, at a placement price of 5.80 EUR per share. This means that Manz AG will receive gross proceeds of 9.9 million EUR from the capital increase before deduction of transaction costs. The company's share capital will increase accordingly from 8,542,574 EUR to 10,251,088 EUR upon execution of the capital increase. Mr. Tan thus holds a stake of around 16.7% in Manz AG. Greatech Technology Berhad specializes in state-of-the-art automation solutions for various industries, covering broad stages of the value chain from design and development to production of systems, machines and plants. The company has been listed on the Malaysian stock exchange since 2019 and has a market capitalization of over 1 billion EUR. Dr. Ulrich Brahms, CEO of Manz AG, comments: “The funds raised through the capital increase will strengthen our liquidity and provide an important building block for the financing of our efficiency program. We are pleased to welcome Mr. Tan, a new strategic investor, to our shareholder base.” Mr. Tan, founder and majority shareholder of Greatech Technology Berhad: “I have been following the development of Manz AG for many years and was happy to take the opportunity to acquire a significant stake in the company now. Based on my industry experience, I see great long-term potential for Manz's technological expertise to drive further innovation and growth.” Manz covers the entire range of modern production solutions: from customer-specific individual machines for laboratory production or pilot and small-series production to standardized modules and systems to turnkey lines for efficient mass production. Customers benefit from high resource efficiency with higher throughput and shorter time-to-market. With currently around 1,200 employees, the Manz Group develops and produces in Germany, Slovakia, Italy, China and Taiwan. There are also sales and service subsidiaries in the USA and India. Manz AG was founded in 1987 and generated consolidated sales of 249.2 million EUR in the 2023 financial year with the two segments Mobility & Battery Solutions and Industry Solutions. The shares (ISIN: DE000A0JQ5U3) are listed on the Regulated Market of the Frankfurt Stock Exchange (Prime Standard).
24.10.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| 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, Tradegate Exchange |
| EQS News ID: | 2015649 |
| End of News | EQS News Service |
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2015649 24.10.2024 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | ||
| Sales1 | 296,92 | 264,40 | 236,77 | 227,06 | 250,96 | 249,17 | 173,00 | |
| EBITDA1,2 | 9,51 | 9,21 | 19,36 | 18,29 | 6,18 | 14,63 | -23,60 | |
| EBITDA-Margin3 | 3,20 | 3,48 | 8,18 | 8,06 | 2,46 | 5,87 | -13,64 | |
| EBIT1,4 | -3,39 | -9,93 | 7,23 | -16,06 | -6,00 | 2,86 | -34,00 | |
| EBIT-Margin5 | -1,14 | -3,76 | 3,05 | -7,07 | -2,39 | 1,15 | -19,65 | |
| Net Profit (Loss)1 | -8,02 | -11,25 | 3,43 | -22,43 | -12,15 | -2,38 | -47,00 | |
| Net-Margin6 | -2,70 | -4,26 | 1,45 | -9,88 | -4,84 | -0,96 | -27,17 | |
| Cashflow1,7 | 14,90 | -24,10 | 20,62 | -25,80 | -2,28 | -23,88 | 0,00 | |
| Earnings per share8 | -1,00 | -1,43 | 0,42 | -2,89 | -1,42 | -0,28 | -4,60 | |
| Dividend per share8 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: Deloitte
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
| INVESTOR-INFORMATION | ||||||
| ©boersengefluester.de | ||||||
| Manz | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| A0JQ5U | DE000A0JQ5U3 | AG | 18,45 Mio € | 22.09.2006 | Verkaufen | 8FWFG5VC+98 |
| PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| -12,00 | 0,00 | 0,00 | -0,71 | 5,27 | -0,77 | 0,07 |
|
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 0,00 | 0,00 | 0,00 | 0,00% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 02.07.2024 | 29.05.2024 | 06.08.2024 | 07.11.2024 | 23.05.2024 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -68,48% | -72,19% | -85,41% | -84,56% | -90,53% |
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