Manz AG returns to the TecDAX
06.03.2014 | Reutlingen
- Manz AG shares back in the TecDAX as of March 24, 2014
- Sustainable and profitable growth expected in 2014 and beyond
The shares of Manz AG (M5Z), one of the world’s leading high-tech engineering companies with an extensive technology portfolio covering the three strategic divisions of "Display", "Solar" and "Battery", is listed on the TecDAX of the German Stock Exchange as of March 24, 2014. Following the very successful business performance and record revenue in 2013, the company’s shares thus return to the league of Germany's 30 largest, Prime Standard listed technology companies in terms of market capitalization and trading volume.
Dieter Manz, CEO and founder of Manz AG, welcomes the company's listing in the index: "We are very pleased about our inclusion in the TecDAX, which we see as clear evidence of the capital market's confidence in our successful corporate strategy. The listing will increase our attractiveness to investors still further." Martin Hipp, CFO of Manz AG, adds: "We see excellent opportunities for Manz AG also in 2014 and beyond. We are convinced that sustainable, profitable company growth, with double-digit EBIT margins in the medium term, is possible."