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    KTEK   DE000A2TSQH7


SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

PRESS RELEASE: KATEK SE: KATEK steps into the Euro-Asian market

07/07/2021 | 03:21am EDT
DGAP-News: KATEK SE / Key word(s): Expansion 
KATEK SE: KATEK steps into the Euro-Asian market 
2021-07-07 / 09:20 
The issuer is solely responsible for the content of this announcement. 
KATEK steps into the Euro-Asian market 
With the opening of beflex Malaysia and KATEK Singapore, the KATEK Group takes an important step towards 
With the establishment of beflex Malaysia Snd.Bhd. and KATEK Singapore Pty.Ltd., the KATEK Group has continued its 
growth course with two strategic subsidiaries in Asia. With the new openings, the KATEK Group lays a significant 
foundation for electronics development and manufacturing in an international context. 
"The openings of the KATEK locations in Asia are an important strategic step for us. Companies are looking for a 
partner in the field of rapid prototyping who can combine the necessary know-how for high-tech electronics with local 
requirements, especially outside Europe. Especially in industries like e-Mobility, Healthcare and Semiconductor," says 
Rainer Koppitz, CEO of KATEK SE. 
Local for Local - also as a European partner in Asia 
"We observe a broader value creation for electronic products in the Asian region, which also includes development and 
design. By opening the new locations, we offer our broad range of services to both our European and Asian customers 
with a high level of local expertise," Golo Wahl, Group Director Business Development at KATEK SE, is convinced. " In 
the localization of value creation lays a high potential for the future." 
Establish own performance profile as competitive advantage 
Through the new locations, the KATEK Group and its beflex brand are creating relevant synergies in the prototyping 
segment. "We ensure the same quality standards for our customers in Europe as in Asia. By that, we're expanding our 
positioning and market leadership in both markets," says Jens Arnold, Managing Director of beflex. The focus is on 
high-quality prototyping and the subsequent production of small batches, primarily with batch sizes of about 500 pieces 
in the high-mix area and for 1,000 to 2,000 batch sizes in the low-mix area. "We are a strong partner for our customers 
in miniaturization and industrialization with the goal of rapid transition to series production," says Jens Arnold. 
"The particular strength of beflex lies in close cooperation with the customer that is already in the development 
phase. Here, he said, the close collaboration between the project managers and the customer's development teams is 
decisive for mutual efficiency. " 
Unlike competitors, the production of prototypes at beflex takes place under cleanroom conditions. "By closing the gap 
between prototyping and series production, our customers have the advantage of being able to make optimizations for 
series production in the early design phase," explains Jens Arnold. 
Manufacturing is carried out at the Penang site, the capital of Malaysia, in accordance with the quality standards of 
industry standard 9001 and ISO 13485 for medical technology products. 
Extended security of supply through global sourcing for the KATEK Group 
The fact that the electronics industry sometimes must contend with volatile market events is demonstrated by the 
shortage of components that has prevailed worldwide for some time. Here, the size and market presence of the KATEK 
Group is an advantage, as higher purchasing volumes can be generated and access to components that are difficult to 
procure worldwide is facilitated. At the same time, the "local-for-local" approach is strengthened with the 
International Purchase Office, as KATEK Singapore acts as a sourcing center for beflex Malaysia with the aim of 
building a resilient supply chain to serve Euro-Asian customers in the best possible way. 
About KATEK 
The KATEK Group is a leading European electronics company offering hardware and software development, prototyping and 
manufacturing, and related services in the market for high-end electronics and electronics services. The KATEK Group 
currently employs around 2,600 employees* in Germany and Eastern Europe. CEO is Rainer Koppitz and CFO is Dr. Johannes 
Fues. For more information about KATEK, please visit https://katek-group.com/. 
KATEK press contact 
Startup Communication 
Christina Fischer-Friedrich 
+ 49 89 120 21 92 67 
2021-07-07 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:     English 
Company:      KATEK SE 
              Promenadeplatz 12 
              80333 München 
Internet:     www.katek-group.de 
ISIN:         DE000A2TSQH7 
WKN:          A2TSQH 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1215959 
End of News   DGAP News Service 

1215959 2021-07-07

Image link: 

(END) Dow Jones Newswires

July 07, 2021 03:20 ET (07:20 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
AUSTRALIAN DOLLAR / EURO (AUD/EUR) -0.35% 0.6192 Delayed Quote.-1.76%
BRITISH POUND / EURO (GBP/EUR) -0.22% 1.1661 Delayed Quote.4.12%
CANADIAN DOLLAR / EURO (CAD/EUR) 0.25% 0.674459 Delayed Quote.3.98%
DJ INDUSTRIAL 0.10% 34798 Delayed Quote.11.93%
INDIAN RUPEE / EURO (INR/EUR) 0.18% 0.011559 Delayed Quote.3.32%
KATEK SE 0.33% 30.35 Delayed Quote.0.00%
MSCI SINGAPORE (GDTR) 0.93% 6577.541 Real-time Quote.11.98%
US DOLLAR / EURO (USD/EUR) 0.18% 0.853388 Delayed Quote.4.51%
All news about KATEK SE
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07/07KATEK SE : KATEK steps into the Euro-Asian market
07/07PRESS RELEASE : KATEK SE: KATEK steps into the Euro-Asian market
More news
Sales 2021 553 M 647 M 647 M
Net income 2021 8,50 M 9,96 M 9,96 M
Net Debt 2021 47,3 M 55,4 M 55,4 M
P/E ratio 2021 44,5x
Yield 2021 -
Capitalization 401 M 470 M 469 M
EV / Sales 2021 0,81x
EV / Sales 2022 0,67x
Nbr of Employees 2 669
Free-Float 33,5%
Duration : Period :
KATEK SE Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Mean consensus BUY
Number of Analysts 2
Last Close Price 30,25 €
Average target price 35,75 €
Spread / Average Target 18,2%
EPS Revisions
Managers and Directors
Rainer-Christian Koppitz Chairman-Management Board & CEO
Klaus Reiner Weinmann Chairman-Supervisory Board
Marc Achhammer Chief Operating Officer
Stefan Willy Kober Deputy Chairman-Supervisory Board
Andreas Mueller Member-Supervisory Board