MS Industrie AG Recognizes Trend Reversal For 2025
Date
12/20/2024 4:12:32 AM
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EQS-News: MS Industrie AG
/ Key word(s): Forecast/Miscellaneous
MS Industrie AG recognizes trend reversal for 2025
20.12.2024 / 10:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
MS Industrie AG recognizes trend reversal for 2025
Supplier of heavy commercial vehicles sees demand rising again
MS XTEC sees a trend reversal as a supplier of heavy commercial vehicles. Since the end of September 2024, the notified call-off figures for the following 6 months have been rising again.
Dr. Andreas Aufschnaiter, member of the Management Board of MS Industrie AG:“There is movement in the market for heavy commercial vehicles again. In our opinion, this points to a normalization of the truck economy, because global trade cannot function without a functioning freight transport system on the road. We see sales increases of 11% in the first quarter of 2025 compared to the average of the second half of 2024 and expect further increases in customer call-offs, especially from the second quarter of 2025.”
In addition, MS Industrie AG continues to focus successfully on addressing new lucrative business areas.
“MS XTEC can produce precise parts for a wide range of industries at the highest level and is able to meet the increasingly important documentation requirements for customers or regulatory authorities thanks to its state-of-the-art automation. We assume that we will generate additional sales here thanks to the expertise we have acquired over many years,” says Armin Distel, member of the Management Board of MS Industrie AG.
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 current transition year – 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
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BeckerBeratungsGesellschaft (BBG)
Neustr. 23
55296 Gau-Bischofsheim / Mainz
Klaus-Karl Becker
+49 (0) 172 61 41 955
...
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.
20.12.2024 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.
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Archive at
| Language: |
English |
| Company: |
MS Industrie AG |
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Brienner Straße 7 |
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80333 München |
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Germany |
| Phone: |
+49 (0) 89 20 500 900 |
| Fax: |
+49 (0) 89 20 500 999 |
| E-mail: |
... |
| Internet: |
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| ISIN: |
DE0005855183 |
| WKN: |
585518 |
| Listed: |
Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Tradegate Exchange |
| EQS News ID: |
2055307 |
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| End of News |
EQS News Service |
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