Ion Beam Applications, S.A. Announces Group Revenue Results for the First Quarter Ended March 31, 2016; Reiterates Earnings Guidance for the Full Year 2016
The company reiterated earnings guidance for the full year 2016. For the full year, the company expected revenue growth greater than 20%, with double digit annual growth thereafter and 2016 operating margin of 11%, increasing to 13%-15% by 2018. Net debt, if any, is expected to stay limited in the years to come.