Brief: Manz Receives Order From Inobat Auto

Manz AG

01/10/2020 06:31

Oct 1 (Reuters) - Manz AG  M5ZG.DE :
    * DGAP-NEWS: MANZ AG RECEIVES MAJOR ORDER FROM INOBAT AUTO
FOR
EQUIPMENT FOR RESEARCH AND DEVELOPMENT CENTER AND PILOT
PRODUCTION LINE FOR LI-ION BATTERY CELLS IN SLOVAKIA
    * TOTAL ORDER VOLUME OF MORE THAN 20 MILLION EUROS IN ENERGY
STORAGE SEGMENT
    * MOST OF ORDER WILL AFFECT REVENUES AND EARNINGS IN 2021
    * MOST OF ORDER WILL AFFECT REVENUES AND EARNINGS IN 2021
    * GRADUAL EXPANSION OF PRODUCTION CAPACITY OF LI-ION BATTERY
CELLS
WITH AN ANNUAL CAPACITY OF 10 GWH IS PLANNED BY 2024.

Source text for Eikon:  ID:nEQ2q8yra 
Further company coverage:  M5ZG.DE 

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