Shareholder Information*

18.05.2020

Montega and Warburg Research see buy recommendation for Nynomic shares confirmed with price target of 29.00 and 28.00 euros respectively

Wedel (Holst.), 18 May 2020

 

Montega and Warburg Research have commented on Nynomic AG’s recent announcement of a EUR 14.0 million major order from an existing customer.

 

Both research companies see the announcement as proof of the continued strong demand for Nynomic products due to the broad geographical and product positioning of the Nynomic Group, and also as an indication that the ambitious growth targets for sales and profits can be achieved despite the Corona crisis.

 

Consequently, the buy recommendations for the Nynomic share with the respective price targets remain valid.

 

The research comments can be found at www.nynomic.com/en/analyses/

 

 

About Nynomic:

Nynomic AG is an internationally leading manufacturer of products for permanent, non-contact and non-destructive optical measurement technology. The products and services of the Nynomic Group are based on a wide range of intelligent sensors for measuring optical radiation and smart technologies for data acquisition, processing and evaluation. They can be scaled into different application areas and represent high efficiency increase and high customer benefit due to their good adaptability to customer processes. Miniaturization, digitization, automation – Nynomic consistently uses the constant technological change as the basis for above-average growth in the medium term compared to the market. The Nynomic Group has a clear marketing concept as a full-service provider from component to solution. It is globally positioned with independent brands and subsidiaries and around 425 employees.

 

More information on the company is available on the corporate website at www.nynomic.com/en.

 

Nynomic AG

Am Marienhof 2

22880 Wedel

Germany

www.nynomic.com

 

For further inquiries:

Jochen Fischer

FISCHER RELATIONS

Neuer Wall 50

20354 Hamburg

phone: + 49(0)40 822 186 380

fax:      + 49(0)40 822 186 450

info@fischer-relations.de

12.05.2020

Letter to shareholders 01/2020

Dear Ladies and Gentlemen,

Dear Shareholders,

 

After FY 2019 has already been a challenging year due to difficult macroeconomic factors, we find ourselves confronted with the COVID-19 Coronavirus Pandemic this year. It is a never-before seen scenario, also in its economic dimensions.

 

We would like to comment on this in detail from the Nynomic Group’s point of view.

 

How does the Coronavirus Pandemic affect Nynomic and its shareholders?

 

First and foremost, it means that there is no valid planning security for anyone since reliable parameters are almost non-existent. Therefore no one knows exactly how the situation will proceed from a macro- and microeconomic point of view.

 

The recently published figures of Nynomic AG for the first quarter of 2020 show that the Group was fully on track by the end of March. In the first three months of FY 2020, sales of approximately EUR 18.2 million (PY: EUR 15.4 million; +18%) and an EBIT of approximately EUR 1.8 million (PY: EUR 2.1 million; -14%) were achieved.

 

Even now, at the beginning of the fifth month of the current fiscal year, the time has yet not come for us to lower our 2020 full year guidance of sales of at least EUR 70.0 million with an EBIT margin of 10% to 15%.The current order backlog of more than EUR 30.0 million confirms this assumption.

 

In situations like these, Nynomic and its eight subsidiaries are supported by the broad international and product-related positioning. If one region or sector is not going well, the Group usually benefits from the current demand situation in another region or sector (at present e.g. pharmaceuticals/healthcare).

 

We aim to actively contribute to mastering this globally challenging situation in a responsible manner. We are a reliable partner for our customers, especially now. Our business operations continue to run smoothly, and it is ensured throughout the Group that our employees are able to work decentrally and digitally and can be reached as usual. We rely on the ongoing, trusting exchange with all our customers and business partners, personally on the phone, by e-mail and by participating in virtual conferences and web fairs.

 

Good news comes from the consumer applications sector. The market launch of the measuring system for the determination of hemp and cannabis ingredients is proceeding according to plan and will be supplemented by further parameters soon. For the first time, this will be possible through optional add-ons in the app only and will be billed via a monthly fee. This marks another milestone in Nynomic’s B2C strategy. Thus, the expansion of the business model has now been proven.

 

With our innovative strength, visionary solutions and intelligent product developments, we are demonstrating our capabilities in further new and exciting projects. This, together with our ability to adapt to changing business environments, gives us the confidence to look positively to the future.

 

In this respect, but also due to its financial solidity, Nynomic AG is robustly positioned in these uncertain times. Looking back, the decision to forego dividend payments due to continuous investments in new key technologies and in the expansion of the Group also proves to be correct.

 

Furthermore, we are pleased to report on the acquisition of the remaining 45% of the shares in APOS GmbH. We have thus taken a further step in our strategy of consolidating the Group structure and reducing minority interests.

 

How will the Annual General Meeting be organized?

 

In the past few weeks, many shareholders have contacted us by e-mail and by telephone. One of the most frequently asked questions related to the planned date of our Annual General Meeting on 14 July 2020.

 

For us, the Annual General Meeting is one of the most important events of the year. It offers us the opportunity to get into personal contact with you as our shareholders, to discuss and to exchange views, criticism, questions, suggestions and ideas for improvement. This personal exchange is very valuable for us.

 

However, the health of our employees, shareholders and service providers involved is of the highest priority. After careful consideration of the current overall situation, we therefore plan to make use of the temporary legal regulation and hold the event as a virtual Annual General Meeting. The corresponding invitation with details of the virtual meeting will be published in the Federal Gazette in early June 2020. We regret that it will not be possible to physically attend this year’s Annual General Meeting due to the current circumstances, and we thank you for your understanding. Together with our long-term AGM service providers, we are confident that we will be able to optimally fulfill the technical and organizational requirements for a smooth process.

 

How do these events affect the Nynomic share?

 

The Nynomic share (A0MSN1) has increased in value by around 3% between the first trading day of the year on 2 January 2020 and 11 May 2020, indicating that it is very robust.

The overall market Index Scale All Share lost around 7% in the same period.

 

The fair value of the share was last calculated in a research study by Montega on 6 May 2020 at EUR 29.00, so that the share currently offers upside potential of more than 50%.

 

How will it go on?

 

We are currently very confident that Nynomic will withstand these difficult times relatively well. The worldwide demand for technologically high-quality, contactless and miniaturized measurement technology is increasing in the medium and long term. The Nynomic Group is strategically well positioned to benefit from this and to outperform the medium market growth.

 

In this respect, Nynomic’s medium-term growth targets of EUR 100 million sales / EBIT margin of approximately 15% will remain valid.

 

Some of our competitors in individual sub-markets will not survive these disruptive times, and there will be market adjustments. We want to and will benefit from this. Strategic opportunities could arise here, perhaps even this fiscal year, which could usefully complement Nynomic AG’s corporate portfolio as a ninth or even tenth pillar in the course of our buy&build strategy.

 

Thank you!

 

Dear shareholders, we would like to thank you for the trust you have placed in us even in these extreme times of crisis, also on behalf of our employees, who, like us, are currently facing new, enormous challenges every day.

 

We also thank our customers, suppliers, service providers and partners.

At times like these, it is good to know who you can count on.

 

All the best and please stay healthy,

 

Maik Müller and Fabian Peters

Management Board of Nynomic AG

07.05.2020

Montega and Warburg Research Updates: “Nynomic fully on target, strong sales and profit growth for the full year plausible despite Corona”/ Fair value of the share 29.00 and 28.00 Euro respectively

Wedel (Holst.), 7 May 2020

 

Shortly after the publication of the Nynomic Group’s key figures for the first quarter, Montega AG and Warburg Research updated their research coverage of the Nynomic share and confirmed their buy recommendations.

 

The complete research updates can be found at www.nynomic.com/en/analyses/

 

About Nynomic:

Nynomic AG is an internationally leading manufacturer of products for permanent, non-contact and non-destructive optical measurement technology. The products and services of the Nynomic Group are based on a wide range of intelligent sensors for measuring optical radiation and smart technologies for data acquisition, processing and evaluation. They can be scaled into different application areas and represent high efficiency increase and high customer benefit due to their good adaptability to customer processes. Miniaturization, digitization, automation – Nynomic consistently uses the constant technological change as the basis for above-average growth in the medium term compared to the market. The Nynomic Group has a clear marketing concept as a full-service provider from component to solution. It is globally positioned with independent brands and subsidiaries and around 425 employees.

 

More information on the company is available on the corporate website at www.nynomic.com/en.

 

Nynomic AG

Am Marienhof 2

22880 Wedel

Germany

www.nynomic.com

 

For further inquiries:

Jochen Fischer

FISCHER RELATIONS

Neuer Wall 50

20354 Hamburg

phone: + 49(0)40 822 186 380

fax:      + 49(0)40 822 186 450

info@fischer-relations.de

10.03.2020

Montega und Warburg Research Updates: Buy recommendations for Nynomic share confirmed, target price 29.00 and 28.00 Euro respectively

Wedel (Holst.), 6 March 2020 

 

Montega and Warburg Research are publishing their research updates based on the Nynomic Group’s preliminary figures for the 2019 financial year and the outlook for the 2020 financial year.

 

Both studies agree that Nynomic AG was able to hold its own comparatively well in a difficult environment in 2019; exceeding the reduced annual forecast is seen as a positive signal.
The growth in sales and earnings currently expected by the company for 2020 is seen as a plausible and achievable outlook.

 

Consequently, both research houses are sticking to their recommendation to buy the Nynomic share, with Montega adjusting the fair value from 27.00 to 29.00 Euro.

 

Both research updates can be found at: www.nynomic.com/en/analyses/

 

 

About Nynomic:

 

Nynomic AG is an internationally leading manufacturer of products for permanent, non-contact and non-destructive optical measurement technology. The products and services of the Nynomic Group are based on a wide range of intelligent sensors for measuring optical radiation and smart technologies for data acquisition, processing and evaluation. They can be scaled into different application areas and represent high efficiency increase and high customer benefit due to their good adaptability to customer processes. Miniaturization, digitization, automation – Nynomic consistently uses the constant technological change as the basis for above-average growth in the medium term compared to the market. The Nynomic Group has a clear marketing concept as a full-service provider from component to solution. It is globally positioned with independent brands and subsidiaries and around 425 employees.

 

More information on the company is available on the corporate website at www.nynomic.com/en.

 

 

Nynomic AG

Am Marienhof 2

22880 Wedel

Germany

www.nynomic.com/en

 

 

For further inquiries:

Jochen Fischer

FISCHER RELATIONS

Neuer Wall 50

20354 Hamburg

phone: + 49(0)40 822 186 380

fax:      + 49(0)40 822 186 450

info@fischer-relations.de

19.12.2019

Letter to shareholders 02/2019

Dear Ladies and Gentlemen,

dear Shareholders,

 

An extraordinarily challenging year 2019 lies behind us. Also for Nynomic, it did not go as well as we all wished a year ago.

 

Continuing international customs and trade conflicts, a cooling global economy and other negative macroeconomic influences: after the record years 2015 to 2018, our company had to deal with declining sales and profits for the first time since the present Management Board took over the management of Nynomic AG.

 

In particular, the current investment reluctance in the semiconductor and electronics industries and the tensions between China and the USA led to project and acceptance postponements from some large customers into the coming year. Our broad international company portfolio and the distribution of our business activities across various application areas helped to compensate for individual market and industry declines with the opportunities of other markets and industries, so that Nynomic has been less affected than other companies in our environment.

 

The global business climate has continued to cool considerably since our shareholders’ letter in mid-June. While the figures of the first half of the current financial year were still within the planning and a record order backlog was achieved, we were no longer able to maintain our annual forecast for group sales and EBIT margin in the further course of the year. The research companies Warburg Research and Montega underline that the current weakness in demand, especially in our above-mentioned important sales markets, is likely to be a temporary event that can hardly be prevented by Nynomic. Both see the investment case still intact and recommend buying the Nynomic share with a price target of EUR 28.00 and EUR 27.00 respectively.

 

Even if 2019 did not turn out as anticipated, we will continue our successful buy-and-build strategy. The company’s medium-term goal of achieving sales of EUR 100 million and an EBIT margin of approximately 15% through organic and inorganic growth will of course be maintained. We received the backing for this from our shareholders through the resolutions of this year’s Annual General Meeting on 26 June in Wedel.

 

With the acquisition of the business operations of LemnaTec GmbH announced in mid-August and the acquisition of Sensortherm GmbH at the end of September, our expansion and acquisition strategy was consistently pursued this year. The 100% subsidiaries, integrated into the Group as the seventh and eighth pillars, will strengthen the Group’s presence in attractive niche markets due to their high technological competence and create synergy effects with other Group brands. LayTec AG and Spectral Engines Oy have already been successfully integrated in 2018.

 

In particular, our Finnish subsidiary Spectral Engines was able to score with a second product launch in the B2C market, following the first order in 2018 from Bosch-Siemens-Hausgeräte GmbH, one of the world’s leading companies in the industry. As announced at the end of November, the very large target market of hemp and cannabis is now also being addressed with an innovative measuring device. The heart of the newly developed handheld for measuring hemp and cannabis substances is the MEMS-based sensor from Spectral Engines. More than 20 distributors have already been acquired in the USA.

 

We have also made operational progress on many other issues. We are very pleased with the first results of the strategic innovation partnership between m-u-t GmbH and Rosenbauer Brandschutz GmbH, a Rosenbauer Group company. Rosenbauer is the world’s leading manufacturer of systems for firefighting and disaster protection, developing significant innovations and groundbreaking technologies for more than 150 years. IGNIS3D, a highly innovative infrared camera system for early fire detection, has already been launched on the market. It uses long-wave infrared video technology for non-contact temperature measurement of surfaces and is marketed under the Rosenbauer brand.

 

We, and also the research companies, expect a significant increase in sales and profit in 2020, which should be reflected in rising share prices. In this context, we also seek direct contact with capital market participants. With the participation in the HIT Hamburg Investors’ Day in August and the already traditional participation in the MKK Munich Capital Market Conference in December, we also met with those investors and multipliers who were unable to attend our Annual General Meeting.

 

Ladies and Gentlemen, dear Shareholders: As the Management Board of Nynomic AG, we are optimistic about the 2020 financial year and the years to come. The demand for technologically advanced, non-contact and miniaturized measurement technology is increasing. Thanks to innovative development services, high-quality products and its global sales network, Nynomic Group has an excellent strategic position to identify future fields of application and to steadily expand its share in growing international target markets.

 

We would like to thank you for your interest, but above all for your trust and support after this not easy year.

 

Happy Holidays and a Joyful New Year!

 

Yours sincerely,

 

Maik Müller and Fabian Peters

Management Board of Nynomic AG

Wedel, December 2019

Corporate News*

28.05.2020

Nynomic AG: Nynomic takes over the remaining 25% of Spectral Engines Oy, Helsinki / Finland

Wedel (Holst.), 28 May 2020

 

Nynomic AG has increased its stake in the subsidiary Spectral Engines Oy, which was integrated into the Group in 2018, to 100% ahead of schedule.

 

Spectral Engines is a Finnish company, founded in 2014, and based in Helsinki. Nynomic AG acquired 75% of the company shares in 2018. Spectral Engines’ basic technology are MEMS-based spectral sensors, developed as a disruptive approach for highly miniaturised and inexpensive detectors. In 2017, series production readiness was achieved and supplemented by an independent, highly innovative solution for Cloud-based data processing and a corresponding platform for machine learning. Spectral Engines is thus able to offer customers the entire spectrum of the value chain, from the spectral sensor to the final application device in a cost-effective way.

 

With this strategic measure, Nynomic is continuing on its consistent path towards consolidating the Group structure and reducing minority interests. At the same time, the Group is increasing its market presence in corresponding potential and strategically important B2C applications.

 

 

About Nynomic:

 

Nynomic AG is an internationally leading manufacturer of products for permanent, non-contact and non-destructive optical measurement technology. The products and services of the Nynomic Group are based on a wide range of intelligent sensors for measuring optical radiation and smart technologies for data acquisition, processing and evaluation. They can be scaled into different application areas and represent high efficiency increase and high customer benefit due to their good adaptability to customer processes. Miniaturization, digitization, automation – Nynomic consistently uses the constant technological change as the basis for above-average growth in the medium term compared to the market. The Nynomic Group has a clear marketing concept as a full-service provider from component to solution. It is globally positioned with independent brands and subsidiaries and around 425 employees.

 

More information on the company is available on the corporate website at www.nynomic.com/en.

 

Nynomic AG
Am Marienhof 2
22880 Wedel
Germany
www.nynomic.com

 

For further inquiries:
Jochen Fischer
FISCHER RELATIONS
Neuer Wall 50
D – 20354 Hamburg
phone: + 49(0)40 822 186 380
fax: + 49(0)40 822 186 450
info@fischer-relations.de

15.05.2020

Nynomic AG: Large order from an existing customer confirms considerable growth potential in the medical products segment

Wedel (Holst.), 15 May 2020

 

m-u-t GmbH in Wedel, a subsidiary of the Nynomic Group, has received a new major order in the field of laboratory automation.

 

Based on many years of very successful customer partnership, this follow-up order in the Life Science segment will cover a period of around two years. With a sales volume of around EUR 14.0 million, this order will contribute to Nynomic AG’s total sales already in fiscal year 2020 and is in line with the company’s dynamic order development.

 

The total order backlog of the Nynomic Group is currently well above EUR 40.0 million and once again shows that the diversification strategy of the Management Board members Maik Müller and Fabian Peters in technologies, markets and regions continues to be successful.

 

Nynomic AG therefore maintains its annual forecast for 2020 of more than EUR 70.0 million in consolidated sales (PY: approx. EUR 64.8 million) with an EBIT margin of more than 10% (PY: 10%). The Group considers itself to be in a robust position due to its broad product and international base as well as its good financial situation.

 

About Nynomic:

 

Nynomic AG is an internationally leading manufacturer of products for permanent, non-contact and non-destructive optical measurement technology. The products and services of the Nynomic Group are based on a wide range of intelligent sensors for measuring optical radiation and smart technologies for data acquisition, processing and evaluation. They can be scaled into different application areas and represent high efficiency increase and high customer benefit due to their good adaptability to customer processes. Miniaturization, digitization, automation – Nynomic consistently uses the constant technological change as the basis for above-average growth in the medium term compared to the market. The Nynomic Group has a clear marketing concept as a full-service provider from component to solution. It is globally positioned with independent brands and subsidiaries and around 425 employees.

 

More information on the company is available on the corporate website at www.nynomic.com/en.

 

Nynomic AG

Am Marienhof 2

22880 Wedel

Germany

www.nynomic.com

 

For further inquiries:

Jochen Fischer

FISCHER RELATIONS

Neuer Wall 50

20354 Hamburg

phone: + 49(0)40 822 186 380

fax:      + 49(0)40 822 186 450

info@fischer-relations.de

 

05.05.2020

Nynomic AG: Significant sales growth in Q1 2020

Wedel (Holst.), 5 May 2020

 

Nynomic AG announces the most important, still preliminary figures for the first quarter of FY 2020 (previous year’s figures in brackets):

The Nynomic Group generated sales of approx. EUR 18.2 million (EUR 15.4 million; +18%) and an EBIT of approx. EUR 1.8 million (EUR 2.1 million; -14%) in the first three months of 2020. Due to shifts in the product mix, further investments in sales and marketing and existing macroeconomic factors, the EBIT margin fell from 14% in the prior-year quarter to currently 10%.

 

The order backlog as of 31 March 2020 was at a satisfactory level of EUR 31.2 million (EUR 36.0 million; -13%).

 

In the first quarter of 2020, sales and EBIT margin are thus in line with the guidance published at the beginning of this year, which forecasts consolidated sales of more than EUR 70.0 million (approx. EUR 64.8 million) and an EBIT margin of 10% to 15% (10%) for the full year 2020.

 

Based on current information, Nynomic AG maintains its annual forecast and considers itself to be comparatively well positioned due to its broad product and international base and its good financial situation.

However, it is not yet foreseeable for Nynomic AG to which extent unpredictable events in connection with the corona pandemic will affect the Group’s business in the further course of the year.

 

 

About Nynomic:

Nynomic AG is an internationally leading manufacturer of products for permanent, non-contact and non-destructive optical measurement technology. The products and services of the Nynomic Group are based on a wide range of intelligent sensors for measuring optical radiation and smart technologies for data acquisition, processing and evaluation. They can be scaled into different application areas and represent high efficiency increase and high customer benefit due to their good adaptability to customer processes. Miniaturization, digitization, automation – Nynomic consistently uses the constant technological change as the basis for above-average growth in the medium term compared to the market. The Nynomic Group has a clear marketing concept as a full-service provider from component to solution. It is globally positioned with independent brands and subsidiaries and around 425 employees.

 

More information on the company is available on the corporate website at www.nynomic.com/en.

 

Nynomic AG

Am Marienhof 2

22880 Wedel

Germany

www.nynomic.com

 

For further inquiries:

Jochen Fischer

FISCHER RELATIONS

Neuer Wall 50

20354 Hamburg

phone: + 49(0)40 822 186 380

fax:      + 49(0)40 822 186 450

info@fischer-relations.de

05.03.2020

Nynomic AG: Preliminary figures for 2019 exceed reduced expectations / Double-digit growth expected in 2020

Wedel (Holst.), 5 March 2020

 

Nynomic AG has determined the first, still preliminary figures for the financial year 2019 (previous year’s figures in brackets).

 

Group sales were approximately EUR 64.8 million (EUR 68.9 million; – 6%). EBIT amounted to approximately EUR 6.4 million (EUR 11.9 million; – 46%) with a corresponding EBIT margin of around 10% (17%).

 

The complete 2019 annual report is expected to be published in May 2020.

 

In view of the difficult market environment and project and purchase postponements on the part of some key customers, Nynomic AG performed comparatively satisfactorily. The forecast, which had been reduced during the year to consolidated sales of approximately EUR 62.0 million, was exceeded, and the forecast EBIT margin of 10% was achieved.

 

Against the backdrop of a solid order backlog and the existing upward potential due to a recovery in the core markets, the Management Board members of Nynomic AG, Maik Müller and Fabian Peters, expect, based on current information, consolidated sales of more than EUR 70.0 million with an EBIT target of 10 to 15% for the current financial year. This outlook confirms the company’s focus on sustainable growth along global megatrends with solid profitability. In order to exploit the significant market opportunities, targeted investments and the active development of further high-growth B2C applications are planned.

 

The Management Board also expects above-average growth in the following financial years, so that the medium-term growth targets of EUR 100 million sales / EBIT margin of approximately 15% will remain fully valid.

 

About Nynomic:

Nynomic AG is an internationally leading manufacturer of products for permanent, non-contact and non-destructive optical measurement technology. The products and services of the Nynomic Group are based on a wide range of intelligent sensors for measuring optical radiation and smart technologies for data acquisition, processing and evaluation. They can be scaled into different application areas and represent high efficiency increase and high customer benefit due to their good adaptability to customer processes. Miniaturization, digitization, automation – Nynomic consistently uses the constant technological change as the basis for above-average growth in the medium term compared to the market. The Nynomic Group has a clear marketing concept as a full-service provider from component to solution. It is globally positioned with independent brands and subsidiaries and around 425 employees.

 

More information on the company is available on the corporate website at www.nynomic.com/en.

 

 

Nynomic AG

Am Marienhof 2

22880 Wedel

Germany

www.nynomic.com/en

 

For further inquiries:

Jochen Fischer

FISCHER RELATIONS

Neuer Wall 50

20354 Hamburg

phone: + 49(0)40 822 186 380

fax:      + 49(0)40 822 186 450

info@fischer-relations.de

28.11.2019

Nynomic AG: Marketing launch of innovative cannabis measuring device / Another milestone in the B2C market

Wedel (Holst.), 28 November 2019

 

Nynomic AG has reached another strategically very important milestone in the field of consumer applications.

 

For the booming target market hemp and cannabis, a successful product launch was carried out by Spectral Engines Oy, Helsinki / Finland, integrated as subsidiary in 2018: the MEMS-based sensor from Spectral Engines is the heart of a newly developed handheld for measuring hemp and cannabis substances.

With this new technological solution, the concentration of THC and CBD can now be measured in a contactless and real-time manner using the Nynomic cloud. The transmitted spectral data is processed with machine learning (AI) algorithms in the cloud and the aggregated measured values are displayed – for example on the user’s smartphone.

 

This very sophisticated technological solution can also be leveraged by other companies in the Nynomic Group to equip additional steps in the production chain with identical measurement technology and data evaluation.

The customer potential for Nynomic thus extends across the entire value chain of this striving industry, from producer to consumer, and thus has a unique selling proposition within the hemp and cannabis markets.

In the future, complex and lengthy laboratory measurements will be replaced by smart and fast applications at various points in the processing and distribution chain of hemp and cannabis.

 

The marketing and sales of the handheld is carried out by Purpl Scientific Inc., Saint Louis / USA, a wholly owned subsidiary of Spectral Engines Oy (www.purplscientific.com).

The location in the USA was strategically chosen for market development reasons. The US market is already the world’s largest cannabis market, with a total volume of approximately USD 12 billion, with forecasts of a CAGR of around 25% until at least 2025.

 

All major technologies – sensor, cloud, machine learning (AI) – as well as the data models come from the Nynomic Group, are scalable to the entire processing and distribution chain for hemp and cannabis and thus represent a novelty in the entire industry.

 

For Nynomic AG, this product launch means that it will be able to take advantage of excellent opportunities in the enormous B2C growth sector with its own developments, demonstrating that products from the Nynomic Group also offer high added value solutions in the consumer environment.

 

 

About Nynomic:
Nynomic AG is an internationally leading manufacturer of products for permanent, non-contact and non-destructive optical measurement technology. The products and services of the Nynomic Group are based on a wide range of intelligent sensors for measuring optical radiation and smart technologies for data acquisition, processing and evaluation. They can be scaled into different application areas and represent high efficiency increase and high customer benefit due to their good adaptability to customer processes. Miniaturization, digitization, automation – Nynomic consistently uses the constant technological change as the basis for above-average growth in the medium term compared to the market. The Nynomic Group has a clear marketing concept as a full-service provider from component to solution. It is globally positioned with independent brands and subsidiaries and around 425 employees.

 

 

More information on the company is available on the corporate website at www.nynomic.com/en.

 

 

Nynomic AG
Am Marienhof 2
22880 Wedel
Germany
www.nynomic.com

 

For further inquiries:
Jochen Fischer
FISCHER RELATIONS
Neuer Wall 50
20354 Hamburg
phone: + 49(0)40 822 186 380
fax: + 49(0)40 822 186 450
info@fischer-relations.de

 

Ad Hoc / Directors' Dealings*

26.09.2019

Nynomic AG: Acquisition of Sensortherm GmbH opens market in digital pyrometry

Nynomic AG: Acquisition of Sensortherm GmbH opens market in digital pyrometry

 

Wedel (Holst.), 26 September 2019

 

Nynomic AG has acquired 100% of the shares of Sensortherm GmbH, Sulzbach/Ts, Germany. The parties have agreed not to disclose the purchase price. The new subsidiary will be integrated into the Nynomic Group as the eighth pillar.

 

Sensortherm is one of the technology leaders in infrared measurement technology, specialized in non-contact, high-precision and fast temperature determination. The pyrometers, especially the 2-Color Pyrometers, are the world’s fastest devices with digital signal processing and output. High-speed 2-Color Pyrometers are needed, for example, to control the process temperature in laser systems for additive manufacturing.

 

With more than 30 years of experience in developing and manufacturing infrared measuring instruments, Sensortherm continuously sets new standards in digital pyrometry. Sensortherm offers economical and technically high-quality solutions from a single source.

 

With the acquisition of Sensortherm, the Nynomic Group is entering the high-growth market of infrared measurement technology with a wide range of applications.

 

Sensortherm GmbH has almost 30 employees in Germany. Sales of EUR 3.5-4.0 million are expected in the 2020 financial year.

 

The Management Board of Nynomic AG is convinced that the acquisition of Sensortherm is a strategically consistent step to further expand and strengthen the technology leadership of the Nynomic Group.

 

 

About Nynomic:

 

Nynomic AG is an internationally leading manufacturer of products for permanent, non-contact and non-destructive optical measurement technology. The products and services of the Nynomic Group are based on a wide range of intelligent sensors for measuring optical radiation and smart technologies for data acquisition, processing and evaluation. They can be scaled into different application areas and represent high efficiency increase and high customer benefit due to their adaptability to customer processes. Miniaturization, digitization, automation – Nynomic consistently uses the constant technological change as the basis for above-average growth in the medium term compared to the market. The Nynomic Group has a clear marketing concept as a full-service provider from component to solution. It is globally positioned with independent brands and subsidiaries and around 425 employees.

 

More information on the company is available on the corporate website at www.nynomic.com/en.

 

Nynomic AG
Am Marienhof 2
22880 Wedel
Germany
www.nynomic.com

 

For further inquiries:
Jochen Fischer
FISCHER RELATIONS
Neuer Wall 50
20354 Hamburg
phone: + 49(0)40 822 186 380
fax: + 49(0)40 822 186 450
info@fischer-relations.de

13.08.2019

Nynomic AG: Acquisition of the business operations of LemnaTec GmbH completed

Nynomic AG: Acquisition of the business operations of LemnaTec GmbH completed

Wedel (Holst.), 13 August 2019

 

The acquisition – as communicated on 12 August 2019 – of the business operations of LemnaTec GmbH, Aachen/Germany, as part of an asset deal via a wholly-owned subsidiary of Nynomic AG has been completed. The required approval of the creditors’ committee of LemnaTec GmbH has been granted. The acquisition has come into effect.

 

About Nynomic:

 

Nynomic AG is an internationally leading manufacturer of products for permanent, non-contact and non-destructive optical measurement technology. The smart photonic solutions are built on a technology platform based on spectral sensor technology. Thanks to the good adaptability to customer’s processes, they can be scaled into different applications, unfolding a large increase in efficiency and thus give an edge to the customer. With its miniaturization-based technology, Nynomic has a strong basis for its medium-term growth, which is well above average compared to market levels. As a full-line supplier, Nynomic AG has a clear marketing concept, from component to solution. It has a global presence, with independent brands, subsidiaries and approximately 400 employees, including LemnaTec’s.

 

More information on the company is available on the corporate website at www.nynomic.com/en

 

Nynomic AG
Am Marienhof 2
22880 Wedel
Germany
www.nynomic.com

 

For further inquiries:

Jochen Fischer
FISCHER RELATIONS
Neuer Wall 50
20354 Hamburg
phone: + 49(0)40 822 186 380
fax: + 49(0)40 822 186 450
info@fischer-relations.de

12.08.2019

Nynomic AG: Acquisition of the business operations of LemnaTec GmbH strengthens technological competence in the field of plant phenotyping

Nynomic AG: Acquisition of the business operations of LemnaTec GmbH strengthens technological competence in the field of plant phenotyping

 

Wedel (Holst.), 12 August 2019

 

Nynomic AG has taken over the business operations of LemnaTec GmbH, Aachen, as part of an asset deal via a wholly-owned subsidiary of Nynomic AG. The effectiveness of the acquisition is still subject to the approval of the creditors’ committee. It was agreed to keep the purchase price confidential.

 

The new subsidiary of Nynomic AG will be integrated into the group as the seventh pillar under the name of LemnaTec GmbH, whereby the location, employees and all essential parts of the business operations will proceed unchanged.

 

The Aachen, Germany, based company LemnaTec has firmly established itself within the agro-industry in a highly attractive future market. Digital phenotyping technology has gained great interest in science, in bio-economy and for the development and quality control of agricultural products.

 

Climate change, water scarcity and extreme weather – agriculture and agricultural products are facing increasingly complex challenges. In order to adapt plants to these new conditions, new innovative varieties are being developed and bred. Physical properties, such as the growth and quality characteristics of a plant in terms of structure, function, performance, resource consumption and resilience (i.e. the phenotypes) are fundamental indicators for the breeding and optimization of a sustainable seeding and therefore crucial for food production and the development of profitable and sustainable climate-adapted agriculture.

 

With the acquisition of LemnaTec, Nynomic AG is entering a new high-growth market segment within the photonics industry. Since 1998, LemnaTec has established itself as a world-leading specialist for hardware and software systems in the field of digital plant phenotyping and high-throughput screening. Digital phenotyping measures the external appearance of plants in terms of size, shape and color as characteristics for shoot and root growth, productivity and quality. Physiological parameters such as the water and nutrient content of the leaves or photosynthesis are also recorded.

 

Through the application of LemnaTec’s highly complex, non-invasive sensor and automation technologies, the plants are analyzed contact-free, so that each individual plant can be repeatedly examined and continuous information about the development and health status of the plants is acquired. Main application areas of plant phenotyping at LemnaTec are in agrochemistry, agronomy, plant research and plant breeding, and range from small applications in the laboratory to large-scale installations for greenhouses and open fields.

 

LemnaTec’s solutions for measurement and evaluation of plant phenotypes and their varieties enable customized solutions for industrial corporations such as Corteva, BASF and Bayer Crop Science as well as for international research institutions and universities. In addition to plant analysis, LemnaTec also provides analytical methods for detection of plant diseases as well as infestation by insects and other animals, which often occur as pathogens of plants. Solutions for digital seed testing developed by LemnaTec do provide valuable services in the seed industry and for gene banks in determining germination rate, germination quality and seed quality.

 

LemnaTec GmbH, with more than 20 employees at the Aachen location, is expected to generate sales of EUR 5 to 7 million in the first full financial year 2020.

 

The Management Board of Nynomic AG is convinced that the acquisition of LemnaTec is a strategically consistent step to further expand and strengthen the technology leadership of the Nynomic Group.

 

About Nynomic:

 

Nynomic AG is an internationally leading manufacturer of products for permanent, non-contact and non-destructive optical measurement technology. The smart photonic solutions are built on a technology platform based on spectral sensor technology. Thanks to the good adaptability to customer’s processes, they can be scaled into different applications, unfolding a large increase in efficiency and thus give an edge to the customer. With its miniaturization-based technology, Nynomic has a strong basis for its medium-term growth, which is well above average compared to market levels. As a full-line supplier, Nynomic AG has a clear marketing concept, from component to solution. It has a global presence, with independent brands, subsidiaries and approximately 400 employees, including LemnaTec’s.

 

More information on the company is available on the corporate website at www.nynomic.com/en.

 

Nynomic AG
Am Marienhof 2
22880 Wedel
Germany
www.nynomic.com

 

For further inquiries:
Jochen Fischer
FISCHER RELATIONS
Neuer Wall 50
20354 Hamburg
phone: + 49(0)40 822 186 380
fax: + 49(0)40 822 186 450
info@fischer-relations.de

15.05.2018

m-u-t AG: Umbenennung in Nynomic AG

m-u-t AG: Umbenennung in Nynomic AG

m-u-t AG / Schlagwort(e): Strategische Unternehmensentscheidung
m-u-t AG: Umbenennung in Nynomic AG

15.05.2018 / 10:00 CET/CEST
Veröffentlichung einer Insiderinformationen nach Artikel 17 der Verordnung (EU) Nr. 596/2014, übermittelt durch DGAP – ein Service der EQS Group AG.
Für den Inhalt der Mitteilung ist der Emittent verantwortlich.


m-u-t AG: Umbenennung in Nynomic AG
 
Wedel (Holst.), den 15.05.2018
 
Vorstand und Aufsichtsrat der m-u-t AG werden der am 29.06.2018 in Wedel stattfindenden ordentlichen Hauptversammlung vorschlagen, den Namen der Gesellschaft in Nynomic AG zu ändern.
 
Die 1996 gegründete m-u-t AG hat ihren Firmennamen ursprünglich aus der Beschreibung des Geschäftsmodells mit “market driven understanding of technology” abgeleitet und später mit der Umschreibung “Meßgeräte für Medizin- und Umwelttechnik” akzentuiert.
 
Nach dem Börsenlisting im Jahre 2007 kamen durch Beteiligungen bzw. Übernahmen der tec5, Avantes, APOS, LayTec sowie in jüngster Vergangenheit der Spectral Engines Tochtergesellschaften hinzu, die ihre Produkte jeweils unter eigenem Markennamen vertreiben.
Zudem wurde im Zuge der Optimierung der Unternehmensstruktur in 2014 das operative Geschäft der m-u-t AG in die m-u-t GmbH ausgelagert. Seitdem fungiert die m-u-t AG als reine strategische Finanzholding der Tochtergesellschaften ohne direktes operatives Geschäft.
Die Auslagerung des operativen Geschäftes unter Beibehaltung des Markennamens m-u-t in die namensgleiche m-u-t GmbH führt bei Kunden, Lieferanten, Partnern und am Kapitalmarkt regelmäßig zu Verwechslungen und Missverständnissen.
 
Die zunehmende Internationalisierung der m-u-t Gruppe, verstärkt durch die jüngst gemeldete Mehrheitsübernahme der Spectral Engines Oy, Helsinki/Finnland, ist ein weiterer wesentlicher Grund für die Umbenennung der Gesellschaft.
Durch die Akquisition von Spectral Engines steht der Gesellschaft aufgrund der technologisch herausragenden Position dieses Unternehmens erstmals die Möglichkeit offen, sich neben der bisherigen Fokussierung auf den B2B Markt insbesondere Consumer-Anwendungen zu erschließen. Technologische Megatrends wie Artificial Intelligence / Machine Learning und vor allem auch die fortschreitende Digitalisierung in disruptiven Branchen bieten der Gesellschaft heute die Chance, bei frühem Einstieg an weltweit stark wachsenden und neuen Zukunftsmärkten zu partizipieren.
 
Vorstand und Aufsichtsrat sind davon überzeugt, dass Nynomic als klarer, dynamischer und moderner Name in Kombination mit dem neuen Firmenlogo und Slogan “The Photonics Group” die strategische Ausrichtung der Dachgesellschaft auf innovative und wachstumsstarke Themen repräsentieren und der weiteren Internationalisierung Rechnung tragen wird. Sowohl im operativen Geschäft als auch am Kapitalmarkt soll der neue Unternehmensname Nynomic den Weg zu internationalen Kunden, Kooperationspartnern und Investoren flankieren und auch nach außen den strategischen Schritt in eine möglicherweise ganz neue Größenordnung des Geschäftsmodells signalisieren.
 
Eine komplett neue Corporate Identity für die Wort-/Bildmarke Nynomic wurde bereits entwickelt sowie international juristisch geschützt. Nach einem positiven Votum der Hauptversammlung werden kurzfristig alle notwendigen Maßnahmen umgesetzt, um den kommunikativen Auftritt der neuen Dachmarke sowohl im operativen Geschäft als auch am Kapitalmarkt zu etablieren.
 
 
m-u-t AG
Am Marienhof 2
D – 22880 Wedel
www.mut.ag
 
Rückfragen an:
Jochen Fischer
FISCHER RELATIONS
Neuer Wall 50
D – 20354 Hamburg
phone: + 49(0)40 822 186 380
fax:      + 49(0)40 822 186 450
info@fischer-relations.de

15.05.2018 CET/CEST Die DGAP Distributionsservices umfassen gesetzliche Meldepflichten, Corporate News/Finanznachrichten und Pressemitteilungen.
Medienarchiv unter http://www.dgap.de


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03.05.2018

m-u-t AG: Übernahme von 75% der Spectral Engines Oy, Helsinki / Finnland eröffnet erstmals Zugang zum B2C Markt

m-u-t AG: Übernahme von 75% der Spectral Engines Oy, Helsinki / Finnland eröffnet erstmals Zugang zum B2C Markt

m-u-t AG / Schlagwort(e): Firmenübernahme
m-u-t AG: Übernahme von 75% der Spectral Engines Oy, Helsinki / Finnland eröffnet erstmals Zugang zum B2C Markt

03.05.2018 / 09:10 CET/CEST
Veröffentlichung einer Insiderinformationen nach Artikel 17 der Verordnung (EU) Nr. 596/2014, übermittelt durch DGAP – ein Service der EQS Group AG.
Für den Inhalt der Mitteilung ist der Emittent verantwortlich.


m-u-t: Übernahme von 75% der Spectral Engines Oy, Helsinki / Finnland eröffnet erstmals Zugang zum B2C Markt
 
Wedel (Holst.), 03.05.2018
 
Die m-u-t AG hat einen Vertrag über die Übernahme von 75% der Anteile an der Spectral Engines Oy, Helsinki / Finnland geschlossen.
 
Spectral Engines ist ein 2014 gegründetes finnisches Unternehmen mit Hauptsitz in Helsinki. Die Basistechnologie von Spectral Engines sind MEMS-basierte Spektralsensoren, die als disruptiver Ansatz für extrem miniaturisierte und kostengünstige Detektoren entwickelt wurden. In 2017 wurde die Serienreife erreicht und durch eine eigenständige, hochinnovative Lösung zur Cloud-basierten Datenverarbeitung und einer entsprechenden Plattform zum Machine Learning ergänzt. Spectral Engines ist damit in der Lage, Kunden das gesamte Spektrum der Wertschöpfungskette vom Spektralsensor bis zum finalen Anwendungsgerät kostengünstig anzubieten. Darüber hinaus sind unter neuem Brand eigene Systeme zur mobilen Anwendung mit zugehörigen Mobile-APPs in der Markteinführung, mit dem Ziel, diese zukünftig auf Mietbasis oder “pay per use” einer breiten Kundenbasis anzubieten.
 
Die Hauptzielmärkte von Spectral Engines sind Industrieanwendungen (Smart Industry), Anwendungen in der Landwirtschaft (Smart Agriculture) und Anwendungen im Markt der Haushaltsgeräte (White Appliances und Smart Home). Durch die Fähigkeit, sehr kostengünstig miniaturisierte Spektrometer in großen Stückzahlen produzieren zu können, eröffnet sich eine Vielzahl neuer Absatzmärkte und Applikationen, insbesondere im sehr breit gefächerten Consumer-Umfeld. Die Hauptabsatzmärkte liegen derzeit in den USA, Europa und China.
 
Die verbleibenden 25% der Anteile werden von den vier Unternehmensgründern gehalten, die weiterhin langfristig für das Unternehmen tätig sein werden.
 
Aus Wettbewerbsgründen wurde über den Kaufpreis Stillschweigen vereinbart. Dieser wird inklusive einer notwendigen Anschubfinanzierung zur Weiterentwicklung und Markterschließung in einem Korridor von Mio. EUR 10,0 bis 15,0 liegen. Der Kaufpreis wird sowohl durch Bankdarlehen als auch aus Eigenmitteln der m-u-t AG finanziert.
 
Die m-u-t AG wird im Jahr 2023 die verbleibenden 25% an der Gesellschaft erwerben. Der Kaufpreis für die verbleibenden Anteile wird sich aus entsprechenden Multiples der zukünftigen Geschäftszahlen ergeben.
 
Mit der Beteiligung an Spectral Engines eröffnet sich der m-u-t Gruppe ein neues wachstumsstarkes Marktumfeld im B2C Bereich, das bisher mit den sehr erfolgreich integrierten Gesellschaften tec5, Avantes, APOS sowie der kürzlich erworbenen LayTec nicht adressierbar war. Vorstand und Aufsichtsrat der m-u-t AG haben sich nach sehr sorgfältiger Abwägung der Chancen und Risiken dieser Transaktion zur Akquisition entschlossen.
In dem Akquisitionsprozess wurden weitere Opportunitäten mit ähnlichen disruptiven, MEMS-basierten Ansätzen in verschiedenen Ländern intensiv geprüft. In der einmaligen Kombination aus einem hochinnovativen Sensorkonzept, kombiniert mit der Cloud-basierten Datenverarbeitung und einer Plattform zum Machine Learning, sehen Vorstand und Aufsichtsrat Spectral Engines als eine ideale Ergänzung des Portfolios der m-u-t AG an.
 
Darüber hinaus ist die Akquisition ein entscheidender Meilenstein zur Erreichung der weiteren Unternehmensziele, mittelfristig einen Konzernumsatz von Mio. EUR 100 bei einer angestrebten EBIT-Marge von ca. 15% zu erzielen.
 
Grundlage für die Entscheidungsfindung war hierbei vor allem, dass mit der Mehrheitsübernahme der Spectral Engines aufgrund der herausragenden, selbstentwickelten Technologie des Unternehmens auch erstmals der Markt für Anwendungen im Consumer-Umfeld erschlossen werden kann, dessen weltweites Wachstumspotenzial, auch aufgrund fortschreitender Digitalisierung in disruptiven Branchen, langfristig hohes Potential für Zuwachsraten bei Umsatz und Ertrag birgt.
 
Aus Sicht der Gesellschaft werden Akquisition und Integration der Spectral Engines mit hoher Wahrscheinlichkeit sowohl technologisch als auch vertriebsseitig langfristige, ausgesprochen vielversprechende Synergieeffekte ermöglichen.
 
 
m-u-t AG
Am Marienhof 2
D – 22880 Wedel
www.mut.ag
 
Rückfragen an:
Jochen Fischer
FISCHER RELATIONS
Neuer Wall 50
D – 20354 Hamburg
phone: + 49(0)40 822 186 380
fax:      + 49(0)40 822 186 450
info@fischer-relations.de

03.05.2018 CET/CEST Die DGAP Distributionsservices umfassen gesetzliche Meldepflichten, Corporate News/Finanznachrichten und Pressemitteilungen.
Medienarchiv unter http://www.dgap.de


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