Brief: Riber FY Net Income Up At EUR 1.5 Mln

Riber SA

13/04/2022 08:46

April 13 (Reuters) - Riber SA  ALRIB.PA :
    * FY NET PROFIT 1.5 MILLION EUR VERSUS 300,000 EUR YEAR AGO
    * FY REVENUE ROSE 3 PERCENT TO 31.2 MILLION EUR
    * STRONG FULL-YEAR EARNINGS GROWTH FOR 2021
    * FY OPERATING INCOME OF EUR 1.3M, SLIGHTLY HIGHER THAN
TARGET SET
    * FY NET INCOME MULTIPLIED BY 5 TO REACH EUR 1.5M
    * PROPOSED PAYOUT OF EUR 0.05 PER SHARE
    * GROSS MARGIN UP 5.3 POINTS
    * OUTLOOK FOR REVENUE AND PROFITABILITY GROWTH IN 2022
    * CASH POSITION AT END-2021 IS POSITIVE, WITH EUR 5.8M, DOWN
EUR
2.2M FROM END OF 2020
    * GROUP'S NET FINANCIAL DEBT REPRESENTED EUR 2.4M AT
DECEMBER 31,
2021
    * ORDER BOOK AT DECEMBER 31, 2021 IS UP 3% TO EUR 14.8M
    * EXPECTS TO CONTINUE TO RECORD NEW ORDERS DURING Q2 OF 2022

Source text for Eikon:  ID:nGNExv9jM 
Further company coverage:  ALRIB.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))