Wedel (Holst.), August 3, 2023

Based on numerous current negotiations with existing and new customers worldwide, the Nynomic Group anticipates significantly higher growth in the coming years than previously expected.

The latest medium-term planning of the Nynomic Group, first communicated on March 9, 2021, has targeted annual sales of EUR 150.0 million with an EBIT margin of at least 15%. The Management Board Members of Nynomic AG, Maik Müller and Fabian Peters, now expect to achieve annual sales of at least EUR 200.0 million with an EBIT margin of 16-19% in a medium-term time range of 3-5 years.
In line with the very successful corporate strategy, growth is to be achieved both organically and inorganically.

Despite very challenging conditions in 2023, the company confirms its forecast for the current financial year of at least single-digit sales growth and a further EBIT margin expansion compared to the previous year. While the first quarter of the current financial year showed the expected intra-year volatility, already in the second quarter, but especially in the two subsequent quarters, the achievement of the full-year targets for 2023 will become much more visible.

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 500 employees.

This is a translation of the original German ad hoc announcement/ corporate press release. Only the original German ad hoc announcement/ corporate press release is binding. No liability is accepted for the correctness of the translation.

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

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