Nanogate AG Announces Group Earnings Result for the First Half of 2019; Provides Earnings Guidance for the Fiscal Year 2019
The company provided earnings guidance for the fiscal year 2019. For the year, The company expects operating result of between EUR 14 million and EUR 17 million for the 2019 fiscal year. Accordingly, a consolidated net loss in the high single-digit million range is expected. It is anticipated that sales will increase to between EUR 245 million and EUR 250 million, while sales of over EUR 250 million had previously been forecast.