DGAP-Adhoc: Manz AG: Preliminary order stop in the Energy

Manz AG  / Key word(s): Miscellaneous

11.06.2016 15:42

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.

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Reutlingen, June 11, 2016 - Last night Manz AG, Reutlingen, (ISIN:
DE000A0JQ5U3) was informed by an major customer that the customer will stop
a large project in the Energy Storage segment. In the short term, the
Management Board of Manz AG will enter into discussions with the customer
if this order will be accomplished at a later stage. A final statement on
whether this contract will be postponed or cancelled and its potential
impact on 2016 revenues and earnings guidance will be possible after final
negotiations. Therefore, there is the risk that the company's previous
expectation for 2016  - a significant revenue increase compared to revenues
of EUR 222 million in fiscal year 2015 and a significantly improved
earnings before interest and taxes (EBIT) compared to the EBIT of EUR -58.2
million in fiscal year 2015 - cannot be achieved.

Additional information:

ISIN: DE000A0JQ5U3
WKN: A0JQ5U
Ticker symbol: M5Z
Market segment: regulated market (Prime Standard) of the Frankfurt Stock
Exchange

Manz AG
Steigäckerstrasse 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


11.06.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap.de

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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, Munich, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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DGAP-Adhoc: Manz AG: Preliminary order stop in the Energy Storage segment with potential impact on the 2016 forecast
