(News Bulletin 247) – Riber announced on Friday that it remained profitable last year, despite activity impacted by supply problems, an announcement greeted by a 4% jump in the stock in Paris.
Although it is mainly linked to the revaluation in euros of receivables denominated in dollars and yuan, its net profit stood at 0.2 million euros in 2022, compared to 1.5 million in 2021.
The equipment for the semiconductor industry specifies that its current operating profit amounted to 1.3 million euros, a level comparable to that of 2021.
Affected by difficulties in the supply of electronic components which led to the postponement of certain deliveries, annual sales fell by 11% to 27.8 million euros.
Regarding his outlook, Riber says he is “confident” in his ability to achieve a turnover of around 40 million euros this year, 40% higher than in 2022.
This growth in activity should be accompanied, according to the group, by a marked improvement in profitability.
Riber also announced this morning the appointment of Christian Dupont, the former CEO of Dolphin, as chairman of the management board, replacing Michel Picault who will remain a member of the management board.
Around 10:00 a.m., the Riber share listed on Euronext Growth Paris rose by 4.5%, which enabled it to erase almost all of its stock market decline since the start of the year.
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