IBA adds to revenues in Q1

Higher revenues in its dosimetry and accelerator product lines propelled radiopharmaceutical provider Ion Beam Applications (IBA) to positive financial results in the first quarter (end-31 March).

Revenues increased 4% to 46.3 million euros, compared with 42.9 million euros in the first quarter of 2013.

The company anticipates growth in revenues this year of 5% to 10%, with service revenues expected to reach approximately 61 million euros in 2014.

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