Manz Automation Reports Revenue and Earnings Leap in 2010

  Enquire / contact me

Total operating revenue more than doubles from € 101 million to € 205 million

Manz Automation Reports Revenue and Earnings Leap in 2010
Manz Automation Reports Revenue and Earnings Leap in 2010

Manz Automation AG, one of the world's leading technology providers for the photovoltaic and Flat Panel Display (FPD) industry, has published preliminary business figures for 2010. The company's revenue went up from € 85.9 million to € 181.4 million. At the same time, total operating revenue more than doubled from € 101.1 million to € 205.0 million.
Along with a strong increase of customer demand, the launch of newly developed products on the market was the main reason for this significant growth. The company, based in Reutlingen, Germany, achieved a record result particularly in its FPD segment in which Manz Automation AG develops and produces system solutions for the production of flat screens and touch panels. Driven by the boom for tablet computers and touch panel mobile phones, segment revenue quadrupled from € 14.9 million to € 58.8 million. Revenue also increased in the photovoltaic segment, rising from € 46.9 million to € 65.7 million. Newly developed crystalline solar cell production systems, in particular, enjoyed a considerable demand boost.

Posted on March 14, 2011 - (13270 views)
by
Related articles
Hoist Trolleys
Reels for Hydraulic Applications
Growth Record for Schaffner in Fiscal Year 2017/2018
Industrial Wireless LAN Access Points
FMAC NEO: 3-Phase Mains Filter
Molex Acquired CVS Division of Laird Limited
Get your Free Ticket to Hannover Messe 2019
Innovance 2018 Prize Awarded Two Student Teams
Cogent DataHub IoT Gateway
Selecting the Ideal Digital Multimeter
Sensing Innovation in Process and Control
Ultrasonic Flowmeter TRX
Hannay Reels Delivers Every Time
Multi-protocol Network Diagnostics
Take your Manufacturing to the Edge. Connect Everything
Power in new Dimensions - BXT Motor Family
Mechanical Position Sensor MP600 Series
Heaters of H series
3 Phase Book Style EMC Filter
Leading Distributor in Automation & Robotics Technology
Industrial Wireless LAN Access Points
FMAC NEO: 3-Phase Mains Filter
Cogent DataHub IoT Gateway
Chip Fuse for Highest Demands
SUT-H: for Hgh Inrush Currents
FPBB RAIL - Compact DIN-Rail Filter
DG11: IEC Appliance Plug with Circuit Breaker
Labfacility L60+ Thermocouple & Fine Wire Welder
Integrated Servo Motor
Single-Stage Filter
Hoist Trolleys
Interactive Projection Module
JVL Shows the Highlight of SPS IPC Drives 2018
Schildknecht Presents the Universal ioT Gateway at SPS IPC Drives 2018
Danfoss Drives Presented its Latest Novelties at SPS IPC Drives 2018
Rockwell Presents the iTrack System at SPS IPC Drives 2018
Microscope Optics by Optris Presented at SPS IPC Drives
Aucotec Presents the DCS Portal at SPS IPC Drives 2018
LMI Technologies Receives the Certification for Integration with Universal Robots
SIKO Presents the PositionLine at SPS IPC Drives 2018 with IEN Europe