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Impact Coatings Q1 2024: Slow start to 2024 - Redeye

Redeye expected higher sales in the quarter. Particularly from Coating Services where revenues are typically more stable. Coatings for electrolysis plates have still not resumed, which is a bit concerning. On a more positive note, activity in China remains high with new customers coming on stream. Due to the slow start of the year, we will most likely lower our near-term forecasts somewhat.

Redeye expected higher sales in the quarter. Particularly from Coating Services where revenues are typically more stable. Coatings for electrolysis plates have still not resumed, which is a bit concerning. On a more positive note, activity in China remains high with new customers coming on stream. Due to the slow start of the year, we will most likely lower our near-term forecasts somewhat.
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