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Impact Coatings Q3’21: First comment - Redeye

Redeye will probably only make minor revisions to our forecasts following the Q3 report. The reason for the rather significant deviation in Q3 numbers is a slight delay in the delivery of a coating system, which will be invoiced in Q4 instead. Hence, no big deal. Q4 will be busy with three systems scheduled for delivery. We remain confident that Impact Coatings is on the right path for sustainable growth. However, we would like to see the first order bookings for next year sometime soon.

Redeye will probably only make minor revisions to our forecasts following the Q3 report. The reason for the rather significant deviation in Q3 numbers is a slight delay in the delivery of a coating system, which will be invoiced in Q4 instead. Hence, no big deal. Q4 will be busy with three systems scheduled for delivery. We remain confident that Impact Coatings is on the right path for sustainable growth. However, we would like to see the first order bookings for next year sometime soon.
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