(Boursier.com) — Riber published for its first half of 2022 a turnover down by 1% to 9.2 ME, a gross margin up by 11% to 2.8 ME, but a current operating loss of 2.1 ME dug in slippage annual and a net loss of 1.6 ME. Cash at the end of June 2022 was positive at €7.7 million, an increase of €1.8 million compared to December 31, 2021. Equity at June 30, 2022 stood at €17 million compared to €19.8 million at December 31, 2021. This change mainly takes into account the results for the half-year and the distribution to shareholders of an amount deducted from the issue premium for the 2021 financial year.
During the first half of 2022, new order intake improved significantly. The company obtained 4 orders for production systems and 5 orders for research systems, while maintaining its growth in services and accessories. This recovery has the effect of strengthening the order book, which at June 30, 2022 amounted to €30.6 million, up 76% compared to June 30, 2021. Orders for systems (€23 million euros; +119%) include 11 machines and orders for services and accessories (7.6 ME) are up 10%.
This backlog does not include the orders announced in July and August 2022 for 2 Compact 21 research systems, 1 MBE6000 production system and 1 MBE49 production system, as well as the purchase option announced on June 8 for 4 MBE6000 production whose firm orders will be confirmed with the obtaining of the export license for the 2023 financial year.
“In a market context that remains dynamic with strong demand for the company’s systems, Riber should continue to take orders by the end of the 2022 financial year”, anticipates the group. Faced with constrained supply chains, the company has diversified its sourcing capacity from its supplier partners in order to reduce the shortage of electronic boxes in particular, components that are essential to the operation of the company’s MBE systems. Supply chain delays will likely cause system deliveries to be postponed to 2023. Significantly higher energy costs will have “very limited impact on the company’s business” due to low energy consumption in its production processes.
In the longer term, the group believes it has a profitable growth project based on its technological and industrial know-how, as well as its capacity for innovation. Driven by new information technologies, the company “leads a strategy focused on strengthening its reference position in MBE, the steady growth of its services activities and a major R&D effort to expand its portfolio of technologies and services. ‘apps’.
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