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Redeye comments on Impact Coatings Q4 report which only included minor deviations from our forecasts. Three coating systems were delivered according to plan, which generated the highest quarterly net sales in company history. Also, for the first time (as far as we can recall) EBITDA ended in positive territory. Operationally, the company is advancing with new investments in production capacity and the next generation coating systems. And with a solid balance sheet it has plenty of stamina. Currently our main concern is the order book for coating systems which is empty at the moment. Hence, we will have to adjust our near-term forecasts.
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