![]() ![]() A total of 40 service contracts now generating recurring revenues globally.An active global pipeline, highlighting the strength of proton therapy market across all geographies.24 projects ongoing in Proton Therapy, with nine Proteus®PLUS and 15 Proteus®ONE1 systems in progress.Looking ahead, whilst some challenges remain, the strategies and investments we are making are positively impacting and we are confident in the longer-term performance of the Group, underpinned by a strong balance sheet that we will continue to utilize for investment in future growth.” Within proton therapy we are seeing market dynamics shifting favorably with demand building in all regions globally and resulting in IBA winning strategically significant, high-value contracts. We have been especially pleased to see continued momentum in Industrial Solutions, with the business unit passing a key milestone of EUR 100 million order intake to date this year. Olivier Legrain, Chief Executive Officer of IBA commented: “IBA has continued to see solid performance in the third quarter across all business units, both in terms of contract wins, technological advances and supported by targeted value driving acquisitions. ![]() ![]() Strong balance sheet with (unaudited) net cash position of EUR 134 million (30 June 2022: 137 million).Backlog remains high at EUR 1.2 billion and new tenders continue to progress internationally for all business units.Exceptional group order intake of EUR 260 million at 30 September for 2022 to date, compared to EUR 133 million for the first nine months of 2021, driven by strong performance across the business, particularly within Industrial Solutions.Business operations continue to be strong, with good performance across all four business units.Louvain-La-Neuve, Belgium, 17 November 2022 - IBA (Ion Beam Applications S.A., EURONEXT), the world leader in particle accelerator technology, today announces its business update for the third quarter ending 30 September 2022. ![]()
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