Nanogate AG is raising its sales forecast for 2017. The group sales are expected to rise to more than EUR 160 million instead of the minimum EUR 150 million projected to date. The company expects consolidated EBITDA to increase to at least EUR 18 million in the 2017 fiscal year, despite transaction and integration costs. The reason for the higher sales forecast is the new year-long consolidation of the new majority holding in Nanogate Jay Systems LLC, after it had originally been expected only from April 1, 2017.

The company announced preliminary unaudited earnings results for the year 2016. For the year, the company surpassed its original planning, with group sales of around EUR 110 million. Consolidated EBITDA climbed to more than EUR 12 million, despite transaction and integration costs for two acquisitions.