Edition:
United States

Itn Nanovation AG (I7NG.F)

I7NG.F on Frankfurt Stock Exchange

2.08EUR
24 Mar 2017
Change (% chg)

€0.17 (+8.67%)
Prev Close
€1.91
Open
€1.90
Day's High
€2.27
Day's Low
€1.90
Volume
25,027
Avg. Vol
48,092
52-wk High
€3.00
52-wk Low
€0.05

Latest Key Developments (Source: Significant Developments)

ItN Nanovation gets order in new field of business inside mining industry
Thursday, 9 Mar 2017 02:26am EST 

ItN Nanovation AG : Receives order in new field of business inside the mining industry .The plant will be integrated into a container and shall be in operation in August.  Full Article

Itn Nanovation sees 2017 turnover of more than 10 million euros
Friday, 3 Mar 2017 10:15am EST 

Itn Nanovation AG : Sees 2017 turnover of more than 10 million euros ($10.56 million) .Sees a weak second quarter of 2017.  Full Article

new technology of ItN used in project for desalination of seawater in China
Monday, 20 Feb 2017 09:17am EST 

ItN Nanovation AG : New technology of ItN used in largest ever project for desalination of seawater in China . Safbon, Shanghai develops large project for seawater desalination at city of Ying Kou with ItN-technology . Total project volume for ItN will be approximately $20 million throughout next four years .Phase 1 of project with 25 percent of its volume will be delivered in 2018 already and set up in 2019.  Full Article

Safbon Water Service Holding completes stakes acquisition in Germany's ItN Nanovation
Tuesday, 3 Jan 2017 03:27am EST 

Safbon Water Service Holding Inc Shanghai <300262.SZ> :Says co owns 67.65 percent stake (11.2 million shares) in ItN Nanovation AG via co's investment unit.  Full Article

ItN Nanovation H1 group revenue falls to 864,000 euros
Thursday, 22 Dec 2016 01:23am EST 

ItN Nanovation AG : Said on Wednesday H1 group revenue falls by 464,000 euros to 864,000 euros ($901,324.80) . H1 group EBITDA up by 0.6 million euros to negative 1.3 million euros . H1 loss improves from 2.9 million euros to 2.5 million euros . Due to the discontinuation of CeraNovis GmbH from the group structure, it is necessary to reduce the sales forecast for the 2016 business year for single company ItN Nanovation AG .FY sales of ItN Nanovation AG to be significantly lower than in the previous year; from 2017 sales to start growing significantly.  Full Article

ItN Nanovation decides on sale of subsidiary Ceranovis GmbH
Wednesday, 21 Dec 2016 09:27am EST 

ItN Nanovation AG : Decides on sale of subsidiary Ceranovis GmbH .Sale proceeds approx. equal carrying amount of investment plus the receivables from affiliated companies, so that sale will not generate much return for ItN Nanovation.  Full Article

ItN Nanovation FY 2015 group net loss improved to EUR 5.5 mln
Wednesday, 16 Nov 2016 11:32am EST 

ItN Nanovation AG : FY 2015 group sales fell by 2.0 million euros to 2.3 million euros ($2.46 million) . FY 2015 EBITDA could be increased by 1.1 million euros to -3.3 million euros, particularly as a result of cost reductions . FY 2015 group net loss improved from 5.8 million euros to 5.5 million euros . Sees FY 2016 EBITDA similar to that of FY 2015 .Significantly improved performance indicators are expected first in the year 2017.  Full Article

ItN Nanovation reduces FY 2015/2016 sales outlook
Wednesday, 12 Oct 2016 04:27am EDT 

ItN Nanovation AG : Sales outlook for FY 2015/2016 can no longer to be met, company reduces outlook to 2.5 million euros - 6 million euros ($2.80 million - $6.72 million) in group sales for FY 2015/2016 .Possible sale of subsidiary Ceranovis GmbH has been already taken into account.  Full Article

Itn Nanovation decides on capital increase
Tuesday, 27 Sep 2016 03:45am EDT 

Itn Nanovation Ag : Decides on initial capital increase by 750,000 shares . Issue price 2.00 euros ($2.25) per share . Capital to increase from currently 15,015,596.00 euros by 750,000 euros to 15,765,596 euros against cash contributions by issuing 750,000 no-par value bearer shares .Expects net proceeds of about 1.5 million euros.  Full Article

Itn Nanovation: international investor intends to enter
Tuesday, 2 Aug 2016 04:58am EDT 

Itn Nanovation AG : International investor intends to enter into itn Nanovation . Shanghai Safbon Investment Co., Ltd. <300262.SZ> intends an extensive commitment into itn Nanovation . Safbon has just announced to acquire shares of around 9.7 million at a price of 0.10 euros per share of present major shareholders, stoll families and Coreo AG, until Sept. 30, 2016 . Safbon plans a subscription to a capital increase of 1.50 million shares against cash with itn's shareholders' subscription rights excluded at a price of 2.00 euros per share until November 30, 2016 at latest .Moreover, Safbon wants to grant a loan of 0.5 million euros ($559,950)to itn Nanovation until August 3, 2016 at the latest.  Full Article

More From Around the Web