MS Industrie AG / DE0005855183
28.02.2025 - 10:00:09MS Industrie AG with order expansion for the locations Germany and USA
MS Industrie AG / Key word(s): Incoming Orders/Forecast 28.02.2025 / 10:00 CET/CEST The issuer is solely responsible for the content of this announcement. At the beginning of the year, the wholly owned subsidiary MS XTEC GmbH reached a major milestone with a long-standing, renowned customer for heavy-duty off-road engines, namely the expansion of the product range to be supplied and the extension of the contract until the end of 2030 for Europe and America. The expected cumulative business volume for the next six years adds up to over EUR 100 million and means growth of the company against the trend of the German economy. “This underlines MS Industrie AG's sales strategy of gradually reducing its focus on the automotive sector while increasing sales. The power units of our renowned customer, which develops sustainable and climate-neutral solutions for drive and energy generation, make a significant contribution to an efficient, stable and environmentally friendly power and energy supply, both for base and peak loads and emergency power supplies”, says Armin Distel, member of the Management Board of MS Industrie AG. The components supplied by MS XTEC are therefore used in safety-critical facilities, such as hospitals or data centers, as well as in integrated drives for ships and heavy land vehicles worldwide. This shows that MS Industrie AG is attractively positioned for customers worldwide with its precision and documentation capabilities. Background: MS Industrie AG (WKN 585518; ISIN DE0005855183), based in Munich, is the listed parent company of a focused technology group with core expertise in highly automated metalworking and assembly (“MS XTEC”: systems and components for heavy-duty combustion engines as well as hybrid and electric drive systems) and – since the beginning of July 2024 – a minority shareholding in ultrasonic technology (“MS Ultrasonic”: special machines, standard machines as well as ultrasonic systems and components). MS XTEC 's main customer sectors include the global commercial vehicle industry, followed by the construction machinery industry and other heavy-duty applications through to stationary power generation. The group generated a sales volume of around EUR 250 million in 2023 and expects – after the transition year 2024 – a sales volume of over EUR 150 million from 2025 with around 400 employees and two production sites in Trossingen / Baden-Württemberg and Charlotte / North Carolina (USA). Press Contact : BeckerBeratungsGesellschaft (BBG) Neustr. 23 55296 Gau-Bischofsheim / Mainz Klaus-Karl Becker +49 (0) 172 61 41 955 kkb@b-bg.de Disclaimer: The publisher of this document is MS Industrie AG based in Munich. Although the information in this document comes from sources that MS Industrie AG considers reliable, no guarantee can be given for the correctness of the information in this document. This document does not constitute a prospectus and is also not suitable as a basis for evaluating the securities presented in the document. Estimates and opinions contained in this document represent the assessment of MS Industrie AG at the time the document was created and are subject to change at any time without prior notice. MS Industrie AG and/or its affiliated companies may from time to time hold positions in the securities referred to in this document or in options, futures and other derivatives based thereon, may provide other services (including those as advisors) to each company named in this document, provide or have provided and may (to the extent permitted by law) have used the information contained herein or the research on which it is based prior to its publication. Any kind of advisory relationship between MS Industrie AG and the recipient of this document is not established by the provision of this document. Each recipient must conduct its own research and take precautions to check the profitability and reasonableness of an investment decision, taking into account its personal and economic interests. MS Industrie AG is not liable for the consequences of trusting in opinions or statements in this document, nor for the incompleteness of the same. Any citizen of the United States of America who receives this document and wishes to transact in securities referred to herein is required to do so through a US-licensed broker. 28.02.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
Language: | English |
Company: | MS Industrie AG |
Brienner Straße 7 | |
80333 München | |
Germany | |
Phone: | +49 (0) 89 20 500 900 |
Fax: | +49 (0) 89 20 500 999 |
E-mail: | info@ms-industrie.ag |
Internet: | www.ms-industrie.ag |
ISIN: | DE0005855183 |
WKN: | 585518 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Tradegate Exchange |
EQS News ID: | 2093185 |
End of News | EQS News Service |
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