NANOGATE AG / Key word(s): Forecast
04.11.2015 10:28
Dissemination of a Corporate News, transmitted by DGAP - a service of EQS
Group AG.
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Nanogate raises sales forecast for 2015
Sales set to increase to at least EUR 84 million - Operating result set to
exceed EUR 9 million - High level of interest in new technology platform
Göttelborn, Germany, 4 November 2015. Nanogate AG, a leading international
integrated systems provider for high-performance surfaces, is increasing
its forecast for the current 2015 financial year in view of strong demand.
The Group now expects sales to increase to at least EUR 84 million. Despite
the investment policy, operating result (EBITDA) is set to exceed EUR 9
million. At the same time, Nanogate is seeing a high level of interest
world-wide in its new platform for multifunctional surfaces metallisation.
Nanogate AG's CEO Ralf Zastrau commented: "Nanogate is benefiting from its
focus on the advanced metals and advanced polymers strategic growth fields.
As a result, we can already see ourselves exceeding our previous forecast
and growing more strongly than initially planned in sales and operating
result. Thanks to the full order register, we are also optimistic about the
coming years. In the medium term, our Phase5 strategy programme will help
us exceed sales of EUR 100 million. Our new technology platform for
surfaces metallisation, into which we are putting significant investment,
will also contribute to future growth. As in the past, Nanogate is also
focusing on external growth to expand its international market position,
and is currently reviewing several strategic options in this regard."
Strong demand across the Group
Nanogate has received significant new orders in the current financial year,
above all in the advanced metals and advanced polymers strategic growth
fields, and has significantly expanded its capacities. In addition, the
Group has extended its international market position and complemented its
applications portfolio with new technology platforms. This should increase
sales to at least EUR 84 million in 2015, after a rise of significantly
more than EUR 80 million had previously been expected. Despite the fact
that once again considerable funds will flow into the ongoing investment
programme and into opening up new international markets, operating result
(EBITDA) is set to exceed EUR 9 million. In the 2014 financial year,
Nanogate generated sales of EUR 68.6 million, achieving an operating result
of EUR 7.4 million.
High level of interest in new technology platform
Nanogate has seen a high level of interest world-wide in its planned new
technology platform for multifunctional surfaces metallisation. The Group
is therefore preparing itself for higher demand over the medium term than
had initially been expected. Nanogate's new technology platform offers cost
effective and environmentally friendly alternatives to electroplating
processes that are polluting and limited by application, while at the same
time allowing new design and functional possibilities. With this
technology, Nanogate is focusing above all on high-quality interior
applications for various industries.
Nanogate on Twitter: http://twitter.com/nanogate_ag
If you have any queries, please contact:
Christian Dose (financial press and investors)
Cortent Kommunikation AG
Tel. +49 (0)69 5770 300 0
nanogate@cortent.de
Liane Stieler-Joachim
Nanogate AG
Tel. +49 (0)6825 9591 220
liane.stieler-joachim@nanogate.com
Nanogate AG
Zum Schacht 3
66287 Göttelborn, Germany
www.nanogate.com
Nanogate AG:
Nanogate (ISIN DE000A0JKHC9) is a leading international integrated systems
provider for high-performance surfaces. The Group, which is based in
Göttelborn (Saarland), enables the programming and integration of
additional properties - such as non-stick, scratchproof and anti-corrosive
- into materials and surfaces. True to its slogan 'A world of new
surfaces', Nanogate opens up the diverse possibilities of multifunctional
surfaces based on new materials for companies in a wide range of
industries.
Nanogate provides its customers with technologically and optically
high-quality systems. To do so, the company uses its extensive knowledge of
innovative materials and processing procedures. The aim is to improve
customers' products and processes by means of high-performance surfaces
while achieving environmental benefits. The Group concentrates on
attractive sectors such as automotive/transport, mechanical/plant
engineering, buildings/interiors and sport/leisure as well as on the
strategic growth areas of advanced polymers and advanced metals. Nanogate
has a unique combination of extensive materials expertise paired with
comprehensive, first-class process and production know-how. As a systems
provider, Nanogate offers services throughout the entire value chain, from
the purchase of raw materials, to the synthesis and formulation of the
material systems, right through to the enhancement and production of the
finished surfaces. The Group focuses primarily on optically high-quality
plastic and metal coatings for all surface types (two and three-dimensional
components). Its value drivers are the opening up of new, international
markets, the development of new applications for the strategic growth areas
of advanced polymers (innovative plastics, e.g. glazing) and advanced
metals (innovative metal enhancements, primarily energy efficiency) as well
as external growth. In the medium term, Nanogate also intends to achieve a
considerable revenue share from environmentally friendly systems and
processes.
The Nanogate Group has first-class references (e.g. Airbus, Audi, August
Brötje, BMW, BSH Bosch und Siemens Hausgeräte, Daimler, FILA, Jaguar,
Junkers, Porsche, Volkswagen). Several hundred projects have already gone
into mass production. The company also has strategic partnerships with many
international corporations. Nanogate comprises Eurogard B.V., GfO
Gesellschaft für Oberflächentechnik AG, Nanogate Industrial Solutions GmbH,
Nanogate Textile & Care Systems GmbH, Nanogate Glazing Systems B.V., Vogler
GmbH and a majority stake in Plastic-Design GmbH.
Disclaimer:
This publication constitutes neither an offer to sell nor an invitation to
buy securities. The shares in Nanogate AG (the "Shares") may not be offered
or sold in the United States or to or for the account or benefit of "U.S.
persons" (as such term is defined in Regulation S under the U.S. Securities
Act of 1933, as amended (the "Securities Act")). No offer or sale of
transferable securities is being made to the public outside Germany.
04.11.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: NANOGATE AG
Zum Schacht 3
66287 Göttelborn
Germany
Phone: +49 (0)6825/95 91 0
Fax: +49 (0)6825/95 91 852
E-mail: nanogate@cortent.de
Internet: www.nanogate.de
ISIN: DE000A0JKHC9
WKN: A0JKHC
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart; Open Market (Entry Standard) in Frankfurt
End of Announcement DGAP News-Service
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DGAP-News: Nanogate raises sales forecast for 2015
| Source: EQS Group AG