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Nanogate raises sales forecast for 2015

NANOGATE AG / Key word(s): Forecast

04.11.2015 10:28

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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,