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BRIEF-IBA H1 REBIT falls to 1.9 million euros
August 24, 2017 / 5:23 AM / a month ago

BRIEF-IBA H1 REBIT falls to 1.9 million euros

Aug 24 (Reuters) - ION BEAM APPLICATIONS SA:

* H1 REBIT EUR 1.9​ MILLION VERSUS EUR 15.1 MILLION YEAR AGO

* H1 REVENUES EUR 151.6‍​ MILLION VERSUS EUR 145.1 MILLION YEAR AGO

* H1 NET LOSS EUR 4.7‍​ MILLION VERSUS PROFIT OF EUR 8.3 MILLION YEAR AGO

* GUIDANCE UPDATED TO: FOR FY SEES 5-10 PERCENT REVENUE GROWTH, LOW TO MID-SINGLE DIGIT REBIT MARGIN

* GUIDANCE UPDATED TO: IN 2018/2019 SEES FLAT TO MID-SINGLE DIGIT REVENUE GROWTH AND MID TO HIGH SINGLE DIGIT REBIT MARGIN

* GUIDANCE UPDATED TO: IN MID-TERM SEES HIGH SINGLE-DIGIT TO LOW DOUBLE-DIGIT REVENUE GROWTH AND 13 TO 15 PERCENT REBIT MARGIN

* DIVIDEND POLICY REMAINS UNCHANGED

* OVER EUR 1 BILLION BACKLOG IN EQUIPMENT AND SERVICES EXPECTED TO BE CONVERTED OVER NEXT 10 YEARS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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