DGAP-Adhoc: Nanogate Pushes Ahead With Implementation of the Future-Oriented NXI Program, With One-off Expenses in the Low Single-Digit Million Range


Nachricht vom 11.06.201911.06.2019 (www.4investors.de) -


DGAP-Ad-hoc: NANOGATE SE / Key word(s): Strategic Company Decision

Nanogate Pushes Ahead With Implementation of the Future-Oriented NXI Program, With One-off Expenses in the Low Single-Digit Million Range
11-Jun-2019 / 14:47 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Nanogate Pushes Ahead With Implementation of the Future-Oriented NXI Program, With One-off Expenses in the Low Single-Digit Million Range

Göttelborn, Germany, June 11, 2019. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, is pushing ahead with the implementation of its future-oriented NXI program and, in a more demanding market environment, accelerating the realignment of the Group sites in North Rhine-Westphalia.

The Group companies Nanogate PD Systems GmbH (Bad Salzuflen), Nanogate Goletz Systems GmbH (Kierspe) and Nanogate Vogler Systems GmbH (Lüdenscheid) will be combined operationally and strategically, allowing them to more effectively focus on the market and share resources and capacities. They are also focusing on more profitable orders, optimizing existing production and purchasing processes, streamlining management and personnel structures and, as previously announced, centralizing and realigning engineering capacities throughout the Group. Nanogate estimates additional one-off restructuring costs in the low single-digit million range, which will have a negative impact on EBITDA in the 2019 fiscal year.

Nanogate is thus preparing for changing market conditions, particularly in the European automotive industry. In view of recent disappointing economic data and corresponding signals from the automotive industry, there is growing uncertainty in terms of planning related to possible decreases in production and delays in rollouts of new series. Even though Nanogate has received plenty of new orders in the area of new mobility and is currently preparing for the launch of new products - most of them starting from 2020 - negative industry-specific effects in the current year cannot be ruled out. Following the establishment of key conditions in recent weeks, Nanogate is accelerating the implementation of its future-oriented NXI program with the realignment in North-Rhine Westphalia.



Information and Explanation of the Issuer to this News:NB:
Further information can be found in the press release also published today.Contact
Christian Dose
Finanzpresse und Investoren
WMP Finanzkommunikation GmbH
Tel. +49 69 57 70 300 21nanogate@wmp-ag.de
Juliane Wernet
Nanogate SE
Zum Schacht 3
66287 Göttelborn
Tel. +49 6825 9591 223juliane.wernet@nanogate.comwww.nanogate.com
twitter.com/nanogate_se

Nanogate SE

Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,700 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 and 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.

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 focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, 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 and the development of new applications, particularly for the strategic areas of glass-like (N-Glaze) and metallized surfaces (N-Metals).

Disclaimer

This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (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.





11-Jun-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:
English
Company:
NANOGATE SE

Zum Schacht 3

66287 Göttelborn


Germany
Phone:
+49 (0)6825/95 91 0
Fax:
+49 (0)6825/95 91 852
E-mail:
nanogate@wmp-ag.de
Internet:
www.nanogate.de
ISIN:
DE000A0JKHC9,
WKN:
A0JKHC
Indices:
Scale 30
Listed:
Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange
EQS News ID:
822491

 
End of Announcement
DGAP News Service



822491  11-Jun-2019 CET/CEST














Aktuelle Nachrichten aus der 4investors-Redaktion

14.06.2019 - Traton: Der nächste Schritt zur Erstnotiz
14.06.2019 - Nel: Kommen Terror oder Vandalismus als Ursache in Betracht?
14.06.2019 - Wirecard: Die nächste Runde startet
14.06.2019 - CropEnergies: Prognose wird präziser
14.06.2019 - Morphosys: Neue Studiendaten von Janssen
14.06.2019 - Hapag-Lloyd: Vorzeitige Rückzahlung geplant
14.06.2019 - Nanogate kümmert sich um Kaffeemaschinen
14.06.2019 - PNE: Windpark läuft
14.06.2019 - German Startups Group: Exozet im Fokus
14.06.2019 - CytoTools setzt auf neue Wirkstoffkandidaten


Chartanalysen

14.06.2019 - Wirecard Aktie: Der Kessel brodelt!
14.06.2019 - SFC Energy Aktie: Nächste Haussebewegung voraus?
13.06.2019 - Wirecard Aktie: Auf diese News wartet die Börse…
13.06.2019 - Steinhoff Aktie: Zocken auf die Zahlen?
13.06.2019 - Nel Aktie auf Crash-Kurs: Auch das gehört zur Wahrheit!
12.06.2019 - Commerzbank Aktie: Achtung, Tradingchance?
12.06.2019 - Wirecard Aktie: Das könnte heute ein sehr wichtiger Tag werden!
12.06.2019 - Steinhoff Aktie: Tut sich hier endlich was?
11.06.2019 - TUI Aktie: Achtung, hier tut sich was!
11.06.2019 - Nel Aktie: Kommt der nächste Einbruch…?


Analystenschätzungen

14.06.2019 - Metro: Kurs schlägt Kursziel
14.06.2019 - Linde: Viel Potenzial beim Kursziel der Aktie
14.06.2019 - BASF: Kaufempfehlung fällt weg
14.06.2019 - Rheinmetall: Aktie wird abgestuft
14.06.2019 - HHLA: Einer der Gewinner
14.06.2019 - Lufthansa: Kapitalmarkttag rückt näher
14.06.2019 - Volkswagen: Staunen über die Traton-Bewertung
14.06.2019 - Salzgitter: Aurubis schlägt durch
13.06.2019 - Telefonica Deutschland: Unzufrieden mit dem Preis
13.06.2019 - 1&1 Drillisch: Viele Kaufempfehlungen nach der Auktion


Kolumnen

13.06.2019 - Apple Aktie: Zurück im Aufwärtstrend? - UBS Kolumne
13.06.2019 - DAX: Rücklauf an Abwärtstrendlinie - UBS Kolumne
13.06.2019 - DAX: Nord Stream 2, Trump don´t like - Donner & Reuschel Kolumne
12.06.2019 - DAX: Seitwärts bis zum G20 Treffen?! - Donner & Reuschel Kolumne
12.06.2019 - Noxxon: „Wir stellen die Finanzierung der nächsten klinischen Studien sicher“
11.06.2019 - S&P 500: Bearishe Tageskerze an der 2.900 Punkte-Marke - UBS Kolumne
11.06.2019 - DAX: Die 12.200 Punkte-Marke im Blick - UBS Kolumne
07.06.2019 - USA: Das Rätsel des niedrigen Lohnwachstums - Nord LB Kolumne
07.06.2019 - USA: Schwacher Arbeitsmarkt – Zollstreitigkeiten belasten
07.06.2019 - Privatplatzierungen nach Maß - DZ Bank Kolumne