Nynomic - H119 affected by geopolitical climate
The current geopolitical environment resulted in a reduction in Nynomic’s revenue and EBIT during H119. This was anticipated by management, which reiterated its guidance for only modest FY19 revenue growth. Longer term, the investment case remains intact, with demand for smart, miniaturised measurement technology supported by the new automated production methodologies loosely aggregated as industry 4.0.Nynomic AG, formerly mut AG, is a Germany-based company engaged in the provision of photonics, optical technology and microelectronics solutions. It covers product conception, design, evaluation, development and market introduction, and operates through three segments: Clean Tech, Green Tech and Life Science. The Clean Tech segment offers sensors and measuring systems for industrial producers and system operates, such as bioplants; the Green Tech segment focuses on farming solutions, as well as the food and beverage industries, and offers solutions for harvest monitoring and animal feeding, and the Life Science segment focuses on medical technology, such as spectrometers, laboratory instruments and other analytical solutions.
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