Wedel (Holst.), November 18, 2024
The recently announced nine-month figures of the Nynomic Group are seen by analyst Christian Sandherr of NuWays Research as a confirmation of the adjusted guidance for the current financial year 2024.
Demand for Nynomic products remains high; the absence of cancellations demonstrates the business model’s comparative resilience, with sales still at a triple-digit level.
Accordingly, NuWays Research considers this as a temporary rather than a structural problem: With a recovery in the targeted markets, the launch of a wide range of new products and the catch-up effect from postponed order call-offs, the Nynomic Group should return to its longtime growth strength in 2025/26.
Therefore, the Nynomic share continues to be a clear buy recommendation with a medium-term price target of 44.00 Euro.
Please read the research update at
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