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EQS-News: IBU-tec advanced materials AG comments on the current market conditions with reconfirmation of its strategic growth plan

EQS-News: IBU-tec advanced materials AG


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IBU-tec advanced materials AG comments on the current market conditions with reconfirmation of its strategic growth plan








07.10.2022 / 08:35 CET/CEST




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IBU-tec advanced materials AG comments on the current market conditions with reconfirmation of its strategic growth plan

Weimar, 7 October 2022 IBU-tec advanced materials AG (IBU-tec, ISIN: DE000A0XYHT5) reaffirms its growth strategy in spite of the present economic situation. As the only European producer of LFP battery material, IBU-tec considers itself well positioned for further growth. With its product portfolio, IBU-tec continues to play an important role in the global expansion of e-mobility and the sustainable energy transition.

The IBU2025 strategy, in which IBU-tec projects sales of 102 to more than 130 million euros and an EBITDA margin of over 20 percent in the medium term, remains unchanged.
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