sur M-u-t AG (ETR:M7U)
Nynomic AG: A Challenging Start to 2025 Amid Market Uncertainty
Nynomic AG began 2025 on a subdued note, with a notable decline in sales due to persistent market uncertainties. The company reported a 10% year-over-year decline in preliminary Q1 sales, reaching €20.6 million. This decrease is attributed to cautious customer spending and delayed investments, particularly within the semiconductor sector. Consequently, the company's operating profit turned negative, with a preliminary Q1 EBIT of € -0.9 million, compared to €1.6 million in Q1 2024.
The order backlog reduced by 24% year-over-year, reflecting changes in customer order behaviors. Key OEM clients are now favoring shorter-term orders, responding to volatile market conditions. Despite this, Nynomic maintains its full-year guidance, anticipating sales between €105-110 million and EBIT of €8.5-10 million.
Management is optimistic, reaffirming mid-term goals of €200 million in sales and a 16-19% EBIT margin within 3 to 5 years, driven by both organic growth and strategic acquisitions. Despite a difficult start, Nynomic sees solid prospects bolstered by a robust product pipeline and stronger demand in core markets.
R. E.
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