January 5, 2018 / 6:34 AM / in 10 months

BRIEF-Ion Beam Applications Says Won't Meet Previous FY 2017 Revenue Guidance And Will Report A Negative Rebit

Jan 5 (Reuters) - Ion Beam Applications Sa:

* IS FINALIZING LATE STAGE NEGOTIATIONS FOR CONTRACTS WITH AT LEAST FOUR PROTON THERAPY PROSPECTS THAT HAD BEEN EXPECTED TO BE SIGNED IN 2017

* CONTINUES TO BE CONFIDENT IN SIGNING THESE CONTRACTS

* COMPANY WILL NOT MEET ITS PREVIOUSLY ANNOUNCED FULL YEAR 2017 REVENUE GUIDANCE AND WILL REPORT A NEGATIVE REBIT

* EXPECTS TO RETURN TO A POSITIVE REBIT AND NET PROFIT AFTER TAX IN 2018

* IS WITHDRAWING ALL OTHER GUIDANCE UNTIL FURTHER NOTICE Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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