Manz AG achieves clearly positive result in 2020 in difficult market environment
DGAP-News: Manz AG / Key word(s): Preliminary Results
09.03.2021 / 07:30
Manz AG achieves clearly positive result in 2020 in difficult market environment
Sales of 237 million euros below previous year in the course of the global COVID-19 pandemic, as expected
EBITDA increased by 10 million euros year-on-year to 19.4 million euros; EBITDA margin at 8.0 %
EBIT growth of around 15 million euros results in clearly positive EBIT of 7.2 million euros
Exceptional momentum in Energy Storage in 2020 with order intake of almost 130 million euros
Positive outlook for 2021 thanks to continued momentum in the e-mobility market and an order backlog of over 200 million euros
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