Manz AG / Key word(s): Change in Forecast 30.06.2015 20:14 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Manz AG: Forecast Adjustment for Fiscal Year 2015 Reutlingen, 30 June 2015. The Managing Board of Manz AG, Reutlingen (ISIN: DE000A0JQ5U3) has revised its annual forecast of a revenue volume of EUR 320 - 340 million and a clearly positive EBIT, following its strategy conference. This is due to a recently received order cancellation with a volume of approx. EUR 12 million in the Electronics division. This resulted from the end customer's decision for an alternative technical solution in the final product, and was consequently not a result of Manz AG's responsibility. The related follow-up orders which were included in the annual forecast, with a high, double-digit million volume in Euros, could likewise not be realized as a result. The incoming orders delay in the Energy Storage segment also contributed to the forecast adjustment. The orders which were actually anticipated for April and June are expected to be placed in the next few weeks. As a result, planned revenues shift to a large degree to the fourth quarter and to the next year. Consequently, the Managing Board now expects a moderate decline in revenues for the 2015 fiscal year compared to the previous year (2014: EUR 305.9 million) and an improved but likely negative EBIT for the 2015 year. A more concrete outlook for the overall year will be published following the receipt of some important orders and the resulting improved visibility with regard to further business performance. The Managing Board remains optimistic with regard to the high potential of the three strategic business segments of Electronics, Solar and Energy Storage. The diversification of customers, regions and technologies in these strategic business segments will be continued consistently in order to further reduce dependency on large customers and the volatile market development. Additional information: ISIN: DE000A0JQ5U3 WKN: A0JQ5U Ticker symbol: M5Z Market segment: regulated market (Prime Standard) of the Frankfurt Stock Exchange Manz AG Steigaeckerstrasse 5 72768 Reutlingen, Germany Germany < End of the Ad-hoc Announcement> Investor Relations Contact cometis AG Ulrich Wiehle / Claudius Krause Tel.: +49 (0)611 - 205855-28 Fax: +49 (0)611 - 205855-66 E-mail: krause@cometis.de Manz AG Axel Bartmann Tel.: +49 (0)7121 - 9000-395 Fax: +49 (0)7121 - 9000-99 E-mail: abartmann@manz.com 30.06.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- 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 Indices: TECDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Manz AG: Forecast Adjustment for Fiscal Year 2015
| Source: EQS Group AG