MS Industrie AG: Excellent order situation for 2023

München (pta012/27.03.2023/10:00 UTC+2)

• MS Powertrain extends supply contract with major truck customer until 2032
• MS Ultrasonic fully booked for the entire year 2023

MS Powertrain Technologie GmbH ("MS PTG"), a subsidiary of MS Industrie AG, has agreed with a long-standing major truck customer to extend the existing supply contract for valve train systems for heavy trucks by 10 years until the end of 2032, plus an extension option. This type of valve trains is already suitable or prepared for sustainable and climate-neutral operation, for example with hydrogen or e-fuels.

Armin Distel, Member of the Management Board of MS Industrie AG: "We believe that in order to make the growing transport of goods in heavy-duty traffic climate-neutral in the future, it would be impossible to imagine life without hydrogen hot combustion and e-fuels technology. Our commercial vehicle valve train systems are an important part of the ecological turnaround in transportation."

The contract extension underlines the high-quality and strategic cooperation with MS PTG and significantly increases the visibility of the further course of business for the entire MS Industrie Group. This brings the total future order volume for MS PTG to over EUR 1.3 billion.

The order situation of the subsidiary MS Ultrasonic Technologie GmbH (MS UTG) is also at a record level with an order backlog of over EUR 60 million and already covers the capacity utilization of the entire year 2023. The returned variety of different car models increases the global business with special machines. At the same time, the distribution of MS series machines is growing steadily.

"Since mid-2022, the auto industry has initiated a turnaround and is preparing for increased global sales. The development of new models is of crucial importance for the car manufacturers. The positive response to the special machines as well as to the series machines from MS UTG is reflected in the fact that we can already report full utilization at this early point in the year," says Dr. Andreas Aufschnaiter, Member of the Management Board of MS Industrie AG.

Background:

MS Industrie AG, headquartered in Munich, is the listed parent company of a focused technology group with the two business areas powertrain technology ("MS Powertrain": systems and components for heavy-duty combustion engines and new alternative drive solutions) and ultrasonic technology ("MS Ultrasonic": special machines, standard machines and ultrasonic systems and components). Key customer industries include the global commercial vehicle and passenger car industry, followed by the packaging machine industry, the medical and other plastic processing industries as well as the general mechanical and plant engineering industry. The Group presently generates annual sales of over EUR 200 million with over 800 employees at five production sites, two of which are in Germany and one each in the USA, Brazil and China.

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.

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Emitter:	MS Industrie AG Brienner Straße 7 80333 München Germany
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