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Riber — Earnings Release 2008
Jan 13, 2009
1629_iss_2009-01-13_9037b927-92df-4667-8e8b-eaa655531853.pdf
Earnings Release
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Bezons, France January 13, 2009
Sales growth to € 19.2 million
| Consolidated financial statements (€ millions) |
2008 | 2007 | % change |
|---|---|---|---|
| RIBER sales | 19.2 | 17.0 | 13% |
Improved sales for the 2008 fiscal year:
At December 31, 2008, RIBER's consolidated sales totaled € 19.2 million, an increase of 13% compared to the previous fiscal year.
In line with guidance, the components and after-sales-service business reported strong 2008 growth to € 5.9 million, compared to € 4.3 million for the previous fiscal year (up 37%).
Machine sales grew by 5% compared to 2007 and amounted to € 13.3 million, comprising the sale of 16 machines, compared to 12 in 2007. Production machine sales were € 5.2 million, up 17%, whereas sales of research machines were stable at € 8.1 million.
In 2008, Europe represented 47% of sales, Asia 42% and the US 11%. The 11% decline in sales reported in Europe compared to the previous fiscal year was offset by the strong growth observed in Asia (up 33%) and the US (up 175%).
2009 outlook
The component and after-sales-service businesses should continue to grow, due in particular to the recent acquisition of VG Semicon's operations and the launch of new products, notably for the OLED screen and CIGS solar cells market. The market should remain strong as regards research machines. As for production machines, their outlook remains uncertain within the current economic climate.
Shareholders' agenda
The 2008 final results will be published on March 11, 2009.
RIBER develops and manufactures Molecular Beam Epitaxy (MBE) machines as well as evaporation sources and cells for the semi-conductor industry. Such high technology equipment is essential to the manufacture of compound semi-conductor materials that are used in numerous consumer applications, such as new Information Technologies, OLED flat screens and new generation solar cells.
Shares of Riber SA are listed in Compartment "C" of the Euronext Paris Stock Exchange and are a component of the CAC IT index. ISIN code: FR0000075954 Reuters Code: RIBE.PA Bloomberg Code: RIB: FP
RIBER has been awarded the ANVAR innovation certification, enabling it to qualify for FCPIs (French mutual funds).
Your contact: Laurence Marchetti, Tel: +33 (0) 1 39 96 65 00 - e-mail: [email protected] - www.riber.com