Tool Order: Manz Automation gains €5 million in bookings from EU PVSEC

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In attending the 24th European Photovoltaic Solar Energy Conference and Exhibition, held in Hamburg last week, Manz Automation has said that it has secured orders and orders of intent worth €5 million. Manz expects the orders to be recognized in revenues and earnings in the coming fiscal year. This year, EU PVSEC was expected to have attracted over 40,000 attendees.

“We have made in-depth preparations for the next wave of investments. Our engineers have set new standards in developing highly-efficient and highly-integrated machines,” commented the CEO Dieter Manz. “This means that we have laid the technology foundations required to further increase our position on the market.”

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At the event held in Valencia last year and before the economic crisis was fully revealed, Manz has secured €20 million in direct new orders from the event. However, Manz noted that with its strategic alliance partner Roth & Rau, they had one of the largest stands at the exhibition and demonstrated three new thin-film and three new crystalline products at the event.

Manz also said that it had gained a new customer in the form of thin film start-up, Malibu GmbH which is focused on the BIPV market. Malibu is a joint venture of E.ON AG and Schüco International KG.

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