AI assistant
Riber — Earnings Release 2010
Jul 9, 2010
1629_iss_2010-07-09_946b3461-efba-46a4-a492-ee0f0fedd99a.pdf
Earnings Release
Open in viewerOpens in your device viewer
Major OLED and effusion cell orders
Bezons, July 7, 2010 – 5:45 pm – RIBER is announcing its first successes following its strategy to diversify into OLEDs and the solar market: launch of a new product range and €4 million in orders to be delivered over 2010 and 2011
Solar cell sales taking off
RIBER is further strengthening its range of industrial evaporation sources for solar cell manufacturing, with the launch of the "Jet" range of high-capacity industrial cells.
Drawing on its know-how in the ultra-thin layer deposit field, RIBER has created high-capacity cells (25 and 40 kg) enabling its industrial clients to carry out precision deposits of large quantities of complex and corrosive materials such as selenium, as required for the new generations of solar cells.
Alongside the development of these innovative solutions, major contracts have been signed with leading firms for the manufacturing of CIGS technology thin-layer solar panels.
OLED cell sales developing
In the Organic Light Emitting Diode (OLED) sector, RIBER is confirming the ramping up of its offering. Indeed, the company has just sealed a major deal in Asia for supplying effusion cells designed for manufacturing OLED structures on large screens.
Environmentally friendly, OLED display screens consume less power, offer wider angle visibility and deliver much brighter images. First used for developing small screens (mobile phones, radios, notebooks, etc.), the OLED technology is gradually diversifying with the manufacturing of flexible large screens and lighting (light sheets).
This contract will enable RIBER to increase its "OLED" revenues by more than 70% in 2010.
Development strategy confirmed
RIBER's expertise in vacuum and ultravacuum deposit technologies and the relevance of its products for complex material evaporation confirm its position as a major player on these growing segments.
The commercial successes achieved in these areas represent more than €4 million in orders to be delivered over 2010 and 2011. In addition, they confirm the development strategy implemented by the company, based on:
- Continuing to further strengthen Riber's leadership on the market for molecular beam epitaxy machines;
- Capitalizing on the installed base and growing sales of epitaxy equipment, spare parts and accessories, as well as the corresponding services;
- Releasing a range of high value-added equipment and services on the market for strong-growth application fields (thin-layer solar cells, OLED lighting and screens, etc.).
Next date:
2010 first-half revenues: Thursday July 15, 2010 (after close of trading) 2010 first-half earnings: Tuesday September 7, 2010 (after close of trading)
About RIBER:
Riber designs and produces molecular beam epitaxy (MBE) systems as well as evaporation sources and cells for the semiconductor industry. This high-tech equipment is essential for the manufacturing of compound semiconductor materials and new materials that are used in numerous consumer applications, such as new information technologies, OLED flat screens and new generation solar cells. Riber is listed on Euronext Paris Compartment "C" and is part of the CAC IT index ISIN: FR0000075954 Reuters code: RIBE.PA Bloomberg code: RIB: FP Riber has been innovation certified by OSEO, the dedicated French innovation agency, enabling it to
Your contacts:
qualify for French innovation mutual funds (FCPI).
| RIBER | CALYPTUS |
|---|---|
| Olivier Handschumacher | Cyril Combe |
| tel: +33 1 39 96 65 00 | tel: +33 1 53 65 68 68 |
| [email protected] | [email protected] |
www.riber.com