Redeye is making some downward adjustments to our financial forecasts following the Q1 report. Coating Services posted surprisingly low sales and the very near-term outlook remains uncertain. On a more positive note, the pipeline looks promising, with seven new customers in entry-stage business and the recent approval to be volume supplier to a Chinese fuel cell manufacturer.

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This is a press release from Redeye - Research Powered Investment Banking.www.redeye.se/

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Impact Coatings - Dull run-up to the year

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