08/15/2007 07:39:00 CEST
Order volume reaches new record of around 120 million EUR
Manz Automation AG, one of the world's leading providers of automation, quality assurance and laser process technology for the photovoltaic and LCD sectors, has received a major order with a volume of around EUR 45 million. The order is from Applied Materials, Inc. for the delivery of laser scribing machines for thin-film solar applications. This order will mostly impact revenues in 2008 and will lead to a significant increase in the company's growth.
CEO Dieter Manz is very pleased, and he is proud of the order: "This key order has a volume in excess of our entire 2006 revenues! It provides renewed confirmation of the significant technology synergies between the LCD and photovoltaic divisions. In addition, this order underscores our performance and our customers' trust in the technology and quality of our high-tech machines."
In spring 2007, Manz Automation had already received an order from the same customer for the delivery of laser scribing machines worth over 18 million EUR. With this new order, Manz will become the worldwide market leader for laser scribing machines within the rapidly growing market segment for thin-film solar applications no later than mid-2008. Thanks to the increasing standardization of parts and machines identical in construction, the management board is confident to also increase margins in the coming fiscal year.
Total order volume for Manz Automation has now reached more than 120 million EUR, a new record high in the twenty-year history of the company. The order volume reaches far into the fiscal year 2008.