EQS-News: Manz AG sells subsidiary in Slovakia to Malaysian Greatech Technology Berhard
|
EQS-News: Manz AG
/ Key word(s): Insolvency/Disposal
Manz AG sells subsidiary in Slovakia to Malaysian Greatech Technology Berhard
Reutlingen, 28 February 2025 – Manz AG announces that Martin Mucha, insolvency administrator of Manz AG, and Greatech Technology Berhad (Malaysia) today, 28 February 2025, have entered into a purchase agreement for the acquisition of the shares in Manz Slovakia s.r.o., a subsidiary of Manz AG. The proceeds from the sale will accrue to the insolvency estate of Manz AG. The listed company Greatech Technology Berhad, headquartered in George Town, Pulau Pinang (Malaysia), is an investment holding company that, through its subsidiaries, offers automation solutions in the fields of design, development and production of systems, machines and equipment, as well as engineering services. Manz AG, a developer of production solutions for lithium-ion batteries, electronic components and devices in the automotive and e-mobility, electronics, energy and battery manufacturing sectors, had filed for the opening of insolvency proceedings on 20 December 2024. On 24 February 2025, the Stuttgart District Court opened insolvency proceedings against Manz AG and appointed Martin Mucha, a lawyer from the Stuttgart law firm Grub Brugger, who has been acting as the provisional insolvency administrator since 20 December 2024, as the insolvency administrator. As part of the structured sales process, Manz AG's economically independent subsidiaries and other holdings that continue to operate in the market are also to be sold. Manz Slovakia s.r.o., based in Nove Mesto nad Vahom (Slovakia), has approximately 240 employees and is active in contract manufacturing for various industries, with a focus on the semiconductor, medical and packaging sectors. Manz Slovakia specializes in the manufacture of standardized and customized equipment suitable for series production as well as for prototype production and the assembly of small series. Greatech plans to continue the business operations of Manz Slovakia. Contact: Manz AG Steigaeckerstrasse 5 Germany
28.02.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| 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, Hamburg, Hanover, Munich, Stuttgart |
| EQS News ID: | 2093575 |
| End of News | EQS News Service |
|
|
2093575 28.02.2025 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 | ||||||||
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | ||
| Sales1 | 264,40 | 236,77 | 227,06 | 250,96 | 249,17 | 173,00 | 0,00 | |
| EBITDA1,2 | 9,21 | 19,36 | 18,29 | 6,18 | 14,63 | -23,60 | 0,00 | |
| EBITDA-Margin3 | 3,48 | 8,18 | 8,06 | 2,46 | 5,87 | -13,64 | 0,00 | |
| EBIT1,4 | -9,93 | 7,23 | -16,06 | -6,00 | 2,86 | -34,00 | 0,00 | |
| EBIT-Margin5 | -3,76 | 3,05 | -7,07 | -2,39 | 1,15 | -19,65 | 0,00 | |
| Net Profit (Loss)1 | -11,25 | 3,43 | -22,43 | -12,15 | -2,38 | -47,00 | 0,00 | |
| Net-Margin6 | -4,26 | 1,45 | -9,88 | -4,84 | -0,96 | -27,17 | 0,00 | |
| Cashflow1,7 | -24,10 | 20,62 | -25,80 | -2,28 | -23,88 | 0,00 | 0,00 | |
| Earnings per share8 | -1,43 | 0,42 | -2,89 | -1,42 | -0,28 | -4,60 | -0,15 | |
| 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 | 3,18 Mio € | 22.09.2006 | Verkaufen | 8FWFG5VC+98 |
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| -15,53 | 0,00 | 0,00 | -0,12 | 0,91 | -0,13 | 0,01 |
|
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 |
| -26,92% | -91,39% | -78,88% | -96,45% | -98,37% |
