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Riber — Earnings Release 2010
Apr 16, 2010
1629_iss_2010-04-16_d0fab96f-9f35-4ff3-a444-331c768f3524.pdf
Earnings Release
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1 st quarter 2010 sales up 11%
Bezons, France, April 15, 2010 – 5.45 pm – RIBER, the global leader for molecular beam epitaxy (MBE), reports 1st quarter 2010 sales of € 2.9 million and a sales order backlog of € 9.1 million, a 30% increase compared to 2009.
| (€ millions) | 2010 | 2009 | % change | |
|---|---|---|---|---|
| Systems | 1.1 | 1.2 | (8%) | |
| Services & accessories | 1.6 | 0.9 | 71% | |
| Cells and sources | 0.2 | 0.5 | (57%) | |
| TOTAL | 2.9 | 2.6 | 11% |
11% sales growth
Sales for the 1st quarter 2010 totaled € 2.9 million, compared to € 2.6 million in 2009, an increase of 11%. Sales growth was driven by the development of services and accessories sales under the RIBER and VG brands.
As in 2009, two research machines were delivered over the 1st quarter. Sales of cells and sources declined by € 0.3 million, compared to an exceptionally high 1st quarter 2009.
This further growth of sales over the 1st quarter confirms RIBER's policy of developing services activities, which generate recurring revenue.
30% increase in sales order backlog
The sales order backlog at the end of March 2010 totaled € 9.1 million, a 30% increase compared to the same period of 2009. It includes 7 machines, to be delivered in 2010, of which one production machine sold at the end of March to a Russian manufacturer.
As every year, RIBER will provide a full-year sales guidance at the end of the 1st half-year 2010.
Shareholders' agenda: Annual General Meeting: Thursday May 27, 2010
About RIBER:
Riber designs and produces molecular beam epitaxy (MBE) systems as well as evaporation sources and cells for the semi-conductor industry. This high-technology equipment is essential for the manufacture of compound semi-conductor materials and new materials that are used in numerous consumer applications such as new Information Technologies, OLED flat screens and the new generation of solar cells (CIGS). Riber SA's shares 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 OSEO innovation certification, enabling it to qualify for FCPIs (French hightech mutual funds).
Your contacts:
RIBER Olivier Handschumacher Tel : +33 (0)1 39 96 65 00 e-mail: [email protected] CALYPTUS Cyril Combe Tel : +33 (0)1 53 65 68 68 cyril.combe@©alyptus.net
www.riber.com