ReutersReuters

IBA Q3 Equipment Order Intake EUR 171 Million

Ion Beam Applications SA IBAB:

  • IBA Q3 SOLID EQUIPMENT ORDER INTAKE AT PERIOD-END OF EUR 171 MILLION, AN INCREASE FROM LAST YEAR

  • NET CASH POSITION WAS EUR 3.3 MILLION (UNAUDITED) AT THE END OF Q3

  • YEAR TO DATE ORDER INTAKE TO EUR 215 MILLION

  • STRONG BACKLOG CONVERSION IN Q3 WITH MOMENTUM EXPECTED TO CONTINUE INTO Q4

  • EXECUTION OF BACKLOG CONVERSION CONTINUED THROUGH Q3 WITH MOMENTUM EXPECTED TO CONTINUE FOR THE REMAINDER OF THE YEAR

  • IBA REITERATES ITS MID-TERM GUIDANCE

  • GUIDANCE IS CONTINGENT ON MAINTAINING SOLID ORDER INTAKE, PARTICULARLY IN THE PROTON THERAPY AND INDUSTRIAL SOLUTIONS BUSINESSES

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