Its stock climbed by close to 5% this morning as the positive commentary overshadowed a third quarter earnings miss and the postponement on its planned US shares sale.

The Antwerp-based company last night reported a third-quarter loss of $20.6m, trimming its red numbers from $27.1m in the same period of last year.

According to consensus figures from Arctic Securities, the loss was unexpected with the market projecting a modest $1.5m