Brief: Riber FY Operating Income Up At 0.9 Million Euros, Faces Certain Order Deferral

Riber SA

22/04/2020 18:05

April 22 (Reuters) - RIBER SA  RIBE.PA :
    * FY REVENUE ROSE 7 PERCENT TO 33.4 MILLION EUR
    * FY OPERATING INCOME EUR 0.9 MILLION VERSUS EUR 0.0 YEAR
AGO
    * FY NET INCOME EUR 1.1 MILLION VERSUS EUR 0.3 MILLION YEAR
AGO
    * ORDER BOOK AT DECEMBER 31, 2019 REMAINED HIGH AT EUR 28.7M
    * CASH POSITION AT END-DECEMBER 2019 IS POSITIVE, WITH
€5.9M, UP
€3.4M FROM THE END OF DECEMBER 2018
    * WILL SUBMIT A PROPOSAL TO SHAREHOLDERS AT GENERAL MEETING
TO
APPROVE A CASH PAYOUT BASED ON REIMBURSING PART OF THE ISSUE
PREMIUM FOR €0.03 PER SHARE
    * FACES A SLOWDOWN IN ITS COMMERCIAL ACTIVITY, WITH CERTAIN
ORDERS
DEFERRED, ESPECIALLY IN CHINA

Source text for Eikon:  ID:nGNE70FST 
Further company coverage:  RIBE.PA 

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