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Nanogate AG: Significant Increase in Consolidated Net Income for the 2016 Fiscal Year
Quierschied-Göttelborn, (PresseBox) -
According to information currently available, Nanogate AG, a leading global specialist in design-oriented high-tech surfaces and components, has exceeded its preliminary, as yet unaudited figures for the 2016 fiscal year as reported on January 26, 2017. According to preliminary, as yet unaudited figures, Group sales have increased to around EUR 112.5 million (previous year: EUR 90.9 million). The operating result (consolidated EBITDA) comes to approximately EUR 12.4 million (previous year: EUR 10.2 million). Consolidated net income has increased to around EUR 2.5 million (previous year: EUR 0.5 million), with earnings per share of approximately EUR 0.70 (previous year: EUR 0.16). The current forecast for 2017 is confirmed.
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.
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.
Nanogate AG
Nanogate (ISIN DE000A0JKHC9) is a leading global specialist for design-oriented high-tech surfaces and components of very high optical quality. The Group employs around 1,100 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive).
The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche, Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic with its own production facilities. The Group comprises Nanogate Eurogard Systems B.V., Nanogate GfO Systems AG, Nanogate Industrial Systems GmbH, Nanogate Textile & Care Systems GmbH, Nanogate Glazing Systems B.V. and Nanogate Vogler Systems GmbH, as well as majority stakes in Nanogate PD Systems GmbH and Nanogate Goletz Systems GmbH. In addition, Nanogate has a majority interest in the US company Nanogate Jay Systems LLC. It also has sales companies in the US and Turkey.
True to its slogan "A world of new surfaces," Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group concentrates on attractive sectors such as automotive/transport, mechanical/plant engineering, buildings/interiors and sport/leisure. As a systems provider, Nanogate offers the entire value chain: materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets, the development of new applications for the strategic growth areas Advanced Polymers (innovative plastics) and Advanced Metals (innovative metal enhancements) as well as external growth.
