Impact Coatings Q1’20: First Comments

Research Note

2020-04-24

09:12

Impact Coatings presented their report for the first quarter of 2020 this morning; both net revenue and EBIT exceeded expectations. The value of the order backlog for coating machines was EUR 2 120 thousand at the end of the quarter. The highlight of the quarter is, of course, two agreements signed for system deliveries, indicating solid underlying momentum. On a preliminary basis, we will mostly leave our forecasts unchanged following the report.

HH

Havan Hanna

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