Shareholder Information*

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

10.12.2019

Nynomic AG again at the Munich Capital Market Conference MKK

Wedel (Holst.), 10 December 2019

 

As in previous years, Nynomic AG’s presentation to the financial community at the Munich Capital Market Conference MKK was very well received. The MKK is one of the most important and traditional capital market conferences in the German-speaking area.

 

In several individual and group discussions, Nynomic Board Members Maik Müller and Fabian Peters were also able to exchange views after the company presentation with numerous investors, analysts and media representatives who were not able to attend the company’s Annual General Meeting or the Hamburg Investors’ Day.

 

The Nynomic AG’s presentation at the Munich Capital Market Conference can be found at www.nynomic.com/en. A recent interview with the company’s Management Board, published in the special issue of the “Nebenwerte-Journal” on the MKK, can be read in the press review under www.nynomic.com/en/press-reviews/.

 

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

 

18.11.2019

Warburg Research Update: Strong growth expected for 2020 after setback in 2019

Wedel (Holst.), 18 November 2019

 

In his research update on the Nynomic share, analyst Robert Jan van der Horst of Warburg Research refers to the current low demand in key international target markets of the Nynomic Group, which essentially is the reason for the current decline in key figures as of 30 September 2019.

 

For 2020, however, Warburg Research expects a very significant increase in sales and earnings. As a result, the investment recommendation “buy” for the Nynomic share remains, the stock price target was slightly adjusted to EUR 28.00. This results in a considerable delta to the current share price; Warburg Research also points out the valuation backlog to the peer group.

 

The complete research update 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

 

15.11.2019

Montega Update on 9-month figures of Nynomic AG: “Despite a mixed year investment case intact”

Wedel (Holst.), 15 November 2019

 

In a research update, analyst Pierre Gröning from Montega AG analyses the preliminary key figures of Nynomic AG as of 30 September 2019, as reported the previous day, as well as the reduction of the annual forecast.

 

Despite positive aspects, such as an increase in sales of around 8% compared to the same quarter of the previous year, there is little Nynomic AG can do about major international trends such as

 

– Investment reluctance in major industries such as semiconductor/electronics

 

– Negative macroeconomic effects such as the trade dispute; with a negative impact on the US and China business

 

– Deferral of call offs from frameorder agreements by major customers

 

On the other hand, there are many indications of the return to double-digit growth rates, probably as early as the middle of the next financial year.

 

Based on the current situation, Montega adjusts the share price target to EUR 27.00 (previously: EUR 31.00). The buy rating is maintained. For countercyclical investors, this still results in an upside of around 60%.

 

The complete research update 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

01.10.2019

Montega Update on Nynomic shares: Buy shares, fair value still 31.00 Euro

Wedel (Holst.), 1 October 2019

 

Shortly after the announcement of the acquisition of Sensortherm GmbH by Nynomic AG, analyst Pierre Gröning of Montega AG comments on the acquisition of the eight pillar of the Nynomic Group.

 

Montega considers the acquisition of the specialist for infrared measuring technology by means of pyrometers as a confirmation of the Management Board’s expertise regarding the group’s Buy & Build strategy as well as a further example of successful M&A management.

 

The acquisition is seen as a very sensible addition to the product portfolio, and the buy recommendation for the Nynomic share is therefore confirmed at the level of the previous fair value of 31.00 Euro despite the current difficult environment. Currently, the delta at the 52-week high of the share is more than 50%, at fair value even more than 90%.

 

The complete research update 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

Corporate News*

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

 

14.11.2019

Nynomic AG: Sales shifts affect quarterly result and full year 2019 / 2020 again above-average growth expected

Wedel (Holst.), 14 November 2019

 

Nynomic AG has determined the preliminary key figures for the third quarter of 2019. In the first nine months of the year, the Group generated sales of approximately EUR 45.2 million (2018: EUR 51.0 million; -11%) and an EBIT of approximately EUR 4.7 million (2018: EUR 8.8 million; -47%). The reason for the disproportionate decrease in EBIT in relation to sales was primarily the company’s higher than planned investments in marketing & sales and product development.

 

The first nine months of the current financial year, in line with the course of business in the first half of the year, were relatively subdued compared with previous years; this applied to almost the entire industry. The development was characterized by the continuing uncertainty in the capital goods markets for semiconductors and electronics. This uncertainty and the current macroeconomic conditions are leading to significant shifts in projects and purchases on the customer side, so that a shift in sales from financial year 2019 to financial year 2020 is becoming apparent.

 

The order backlog of the Nynomic AG reached a value of around EUR 34.3 million as of 30 September 2019 and demonstrates the continued high demand for the Group’s products and services.

 

As a result, the Management Board continues to see the Nynomic Group very well positioned in the medium and long term, as the key growth drivers such as the use of smart and miniaturized measurement technology in new application areas, automation and the networking of intelligent machines and products (Industry 4.0 / IoT) continue to gain in importance.

 

Due to the project and purchase shifts from 2019 to 2020 as well as the mentioned temporary, higher than planned investments, the Management Board is reducing its forecast for the financial year 2019 to sales of approximately EUR 62.0 million with an EBIT margin of approximately 10%. At the same time, the Management Board is again expecting sales of well above EUR 70.0 million for 2020.

 

The Management Board also expects above-average growth for the following financial years, so that the medium-term growth targets of EUR 100.0 million in sales / EBIT margin of approx. 15% will remain in full despite the overall market-related growth pause in 2019 after four record years in succession.

 

In addition to organic growth, the integration of the companies LemnaTec and Sensortherm, which were acquired during the current year, as well as the continued development of the consumer market will contribute significantly to this.

 

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

20.08.2019

Nynomic AG: First half of 2019 on target / order backlog grows to new record level

Wedel (Holst.), 20 August 2019

 

Nynomic AG announces first, still preliminary figures for the first half of the financial year 2019 (reporting period and previous year’s figures in brackets according to IFRS).

 

In the first six months of 2019, the Nynomic Group generated sales of approximately EUR 29.3 million (EUR 36.3 million; -19%) and an EBIT of around EUR 3.6 million (EUR 6.4 million; -44%).

 

The first half of 2019 was moderate, but along the full-year forecast communicated in capital markets. The present uncertainty, particularly in the capital goods markets for semiconductors and electronics as well as the economic outlook under the current macroeconomic conditions, had a dampening effect in the first six months of the financial year.

In this context, it should be noted that the first half of the 2017 and 2018 financial years were both above planning expectations and were strongly influenced by positive effects from the semiconductor industry.

 

However, the very positive development of incoming orders of approximately EUR 32.0 million (EUR 26.8 million; +19%) and the new record order backlog of approximately EUR 38.0 million (EUR 31.8 million; +19%) at the reporting date confirm the continued high demand for products and services of the Nynomic Group and thus its strategic orientation.

 

As a result, after the current macroeconomic slowdown, the Management believes that the Nynomic Group remains well positioned for the medium and long term, as key growth drivers such as automation, the use of smart and miniaturized measurement technology in new application areas and the networking of intelligent machines and products (Industry 4.0 and IoT) will continue to gain in importance. In this respect, the company sees no reason to deviate from the medium-term growth target of EUR 100.0 million in sales with an EBIT margin of approximately 15%.

 

The Management therefore continues to confirm its forecast for the full financial year 2019. Accordingly, Nynomic AG’s Management Board members Maik Müller and Fabian Peters continue to expect group sales of approximately EUR 67.0 to 70.0 million and an EBIT range of approximately EUR 8.0 to 10.5 million, with the degree to which the forecast will be achieved, according to current knowledge, being at the lower end of the target corridor.

 

The complete half-year report as of June 30, 2019 will be available for download on the company’s website on August 30, 2019 at the latest.

 

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.

 

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

28.05.2019

Nynomic AG: First quarter 2019 at planned level

Wedel (Holst.), 28 May 2019

 

Nynomic AG announces first, still preliminary figures for the first quarter 2019 (previous year’s figures in brackets).

 

In the first three months of 2019, the Nynomic Group generated sales of approximately EUR 15.4 million (EUR 18.3 million; -16%) and an EBIT of around EUR 2.1 million (EUR 3.3 million; -36%).

In this context, it should be noted that the prior-year quarter in fiscal year 2018 was significantly above planning expectations and was strongly influenced by positive effects from the semiconductor industry.

 

Once again, the Nynomic Group achieved a strong order intake of approximately EUR 16.2 million (EUR 14.3 million; +13%) in the first quarter of 2019, which led to an order backlog of around EUR 36.0 million (EUR 37.2 million; -3%) as of March 31, 2019.

 

According to the current forecast for the financial year 2019, Nynomic AG’s Management Board members Maik Müller and Fabian Peters continue to expect group sales of approximately EUR 67.0 to 70.0 million (EUR 67.1 million) with an EBIT range of approximately EUR 8.0 to 10.5 million (EUR 10.1 million).

 

 

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 370 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

27.03.2019

Nynomic AG: Double-digit growth in sales and earnings also in 2018

Nynomic AG: Double-digit growth in sales and earnings also in 2018

 

Wedel (Holst.), 27 March 2019

 

Nynomic AG has determined the first, still preliminary figures for the financial year 2018 (previous year’s figures in brackets).

 

Group sales are approximately EUR 67.1 million (EUR 60.7 million; + 11%) and the EBIT amounts to approximately EUR 10.1 million (EUR 9.1 million; + 11%).

The EBIT margin remains unchanged at around 15%.

 

The complete 2018 annual report is expected to be published in mid-May 2019.

 

In the course of the continued internationalization of the Nynomic group, the Management Board and Supervisory Board have decided that the company will prepare its financial statements in accordance with IFRS as of the financial year 2019.

 

For the current financial year, the company’s Management Board members Maik Müller and Fabian Peters expect, based on current knowledge, sales of approximately EUR 67.0 to 70.0 million with an EBIT margin of approximately 12% to 15%, which would correspond to an EBIT range of approximately EUR 8.0 to 10.5 million.

 

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 370 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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