News Article

Riber Posts Strong Improvement In 2016 Earnings

Full-year revenues climbed 29 percent from 2015 to €16.5 million

MBE equipment company Riber is releasing its full-year earnings for 2016, showing a strong growth in business.

Full-year revenues for 2016 climbed 29 percent from 2015 to €16.5 million, with growth driven by all product lines and accompanied by a significant upturn on various industrial markets.

The gross margin came to €6.0 million, representing 36.4 percent of revenues, up from 14.9 percent in 2015. This turnaround reflects the improvement in sales margins, benefiting from a better product mix, which has also led to €0.6 million of provisions for inventories being reversed.

Operating income totaled -€1.1 million, following a reduction in operating expenditure to €7.1 million in 2016, down from €8.3 million in 2015, resulting from a positive change in other operating income and expenses, while sales, administrative and R&D costs remain virtually unchanged.

R&D efforts have been maintained to develop RIBER's range of products and services for its customers.

Consolidated net income shows a significant year-on-year improvement, with a loss of -€1.1 million, versus -€6.3 million in 2015.

Cash, net of financial debt, is up to €2.5 million at December 31, 2016, compared with €0.1 million at end-2015. It improved by €1.7 million during the second half of the year, following the capital increase carried out in August 2016 and order down payment received at the end of the year.

In addition, the company repaid all its financial debt for €0.7 million and its shareholders' equity represented €15.5 million at December 31, 2016.

Outlook for 2017

In view of the order book at December 31, 2016, the orders received since the start of the year and the outlook for orders to be delivered in 2017, Riber is confirming its forecast for revenue growth of at least 30 percent compared with 2016.

AngelTech Live III: Join us on 12 April 2021!

AngelTech Live III will be broadcast on 12 April 2021, 10am BST, rebroadcast on 14 April (10am CTT) and 16 April (10am PST) and will feature online versions of the market-leading physical events: CS International and PIC International PLUS a brand new Silicon Semiconductor International Track!

Thanks to the great diversity of the semiconductor industry, we are always chasing new markets and developing a range of exciting technologies.

2021 is no different. Over the last few months interest in deep-UV LEDs has rocketed, due to its capability to disinfect and sanitise areas and combat Covid-19. We shall consider a roadmap for this device, along with technologies for boosting its output.

We shall also look at microLEDs, a display with many wonderful attributes, identifying processes for handling the mass transfer of tiny emitters that hold the key to commercialisation of this technology.

We shall also discuss electrification of transportation, underpinned by wide bandgap power electronics and supported by blue lasers that are ideal for processing copper.

Additional areas we will cover include the development of GaN ICs, to improve the reach of power electronics; the great strides that have been made with gallium oxide; and a look at new materials, such as cubic GaN and AlScN.

Having attracted 1500 delegates over the last 2 online summits, the 3rd event promises to be even bigger and better – with 3 interactive sessions over 1 day and will once again prove to be a key event across the semiconductor and photonic integrated circuits calendar.

So make sure you sign up today and discover the latest cutting edge developments across the compound semiconductor and integrated photonics value chain.



Search the news archive

To close this popup you can press escape or click the close icon.
Register - Step 1

You may choose to subscribe to the Compound Semiconductor Magazine, the Compound Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.

Please subscribe me to:


You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
Live Event