Riber announced on Friday that it remained profitable last year, despite a business impacted by supply problems, an announcement greeted by a 4% jump in the share price in Paris.

Although mainly linked to the revaluation in euros of receivables denominated in dollars and yuan, its net profit came to 0.2 million euros in 2022, compared with 1.5 million in 2021.

Equipment for the semiconductor industry states that its operating income before non-recurring items came to 1.3 million euros, a level comparable to that of 2021.

Affected by difficulties in sourcing electronic components, which led to the postponement of certain deliveries, annual sales fell by 11% to 27.8 million euros.

With regard to its outlook, Riber is 'confident' in its ability to achieve sales of around 40 million euros this year, 40% higher than in 2022.

This growth in business should be accompanied, according to the group, by a marked improvement in profitability.

This morning, Riber also announced the appointment of Christian Dupont, former CEO of Dolphin, as Chairman of the Management Board, replacing Michel Picault, who will remain a member of the Management Board.

At around 10:00 a.m., the Riber share listed on Euronext Growth Paris was up 4.5%, erasing almost all of its decline since the start of the year.

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