Wedel (Holst.), March 16, 2023

Analyst Miguel Lago Mascato from Montega Research AG considers the “sales and earnings forecasts for 2022 impressively fulfilled”.

Despite the economic outlook for 2023, the Nynomic Group meets the requirements for further growth in 2023.

Consequently, the buy recommendation of November 4, 2022 with a target price of 56.00 Euro is confirmed unchanged.

The current upside potential is around +64%.

Please find the complete research update 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 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