Strong and growing pipeline – but outlook adjusted to reflect postponement of two sales orders.
COMPANY ANNOUNCEMENT NO. 82 Inside informationToday, LED iBond International A/S updated the revenue outlook for 2023 and predicted cash flow from operations. LED iBond is far progressed in work relating to two large projects within indoor farming and parking solutions, for a combined value of DKK 1.2 million, which were previously expected to be ordered and delivered before the end of 2023. Both projects are now expected for delivery during the first part of 2024, and as such the associated revenue will move from 2023 to 2024, hereby resulting in a revised short-term outlook for 2023.