Manz AG successfully holds 2019 Annual General Meeting

07/02/2019 15:40:00 CEST, Reutlingen Shareholders agree upon all agenda points with a large majority | The new Chief Operating Officer Jürgen Knie introduced himself

Manz AG, a global high-tech equipment manufacturer with a comprehensive technology portfolio, held its 2019 annual general meeting on Tuesday at the FILharmonie in Filderstadt. The presence of the represented share capital equaled approximately 60,35 %; all of the agenda items were adopted by a large majority.

The board used the opportunity to report the operational and strategic development of Manz AG for fiscal year 2018 to the shareholders in detail. The past year was characterized by clear advances in the sustainable increase of Manz AG’s competitiveness and profitability. Due to direct organizational and process improvements as well as the optimized product portfolio, sales as well as the result improved significantly compared to the previous year. In this context, the board thanked all of its employees for successful efforts over the past years.

Jürgen Knie, who was appointed as new COO of Manz AG in May 2019, also introduced himself to the shareholders. He took over responsibility for Purchasing, Production and Commissioning as well as the Contract Manufacturing and Service segments on July 1, 2019. Mr. Knie most recently managed Manz Slovakia, where he was also responsible for the development of the Contract Manufacturing segment. In this position, he laid the foundation for the Taiwan-based joint venture Talus Manufacturing, of which he continues to be a member of the board.

Martin Drasch, Chairman of the Board of Manz AG, “In 2018, we made considerable progress toward sustainable profitability. Now we must confirm this trend by continuing along the pursued path. We know that such a process is not self-driven and is associated with great efforts by all. Thus, we would like to express our great appreciation to our shareholders for trusting us in this phase.”

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