Wedel (Holst.), November 13, 2024
Shortly after the publication of the most important nine-month figures of Nynomic AG, Montega AG published a research update.
Analyst Bastian Brach emphasizes the currently very weak general market environment, which the Nynomic Group cannot escape either.
However, Montega expects the Nynomic Group to return to the growth path from 2025 onwards due to postponed orders, new product developments and possibly also another acquisition.
Due to the currently attractive valuation and in view of the expected recovery in a normalized market environment, the Nynomic share is recommended as a buy with a price target of 34.00 Euro.
Please read the research update at www.nynomic.com/research-studien/
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 combined with 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 550 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
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