Brief: Riber H1 Net Loss Narrows To EUR 1.6 Mln

Riber SA

07/10/2022 16:51

Oct 7 (Reuters) - Riber SA  ALRIB.PA :
    * 2022 FIRST-HALF EARNINGS
    * DIFFICULTIES IN SUPPLYING ELECTRONIC COMPONENTS LEADING TO
A
POSSIBLE POSTPONEMENT OF CERTAIN DELIVERIES
    * REVENUES FOR FIRST HALF OF 2022 CAME TO EUR 9.2M, STABLE
COMPARED WITH FIRST HALF OF 2021
    * CASH POSITION AT END-JUNE 2022 WAS POSITIVE AT EUR 7.7M,
UP EUR
1.8M FROM DECEMBER 31, 2021
    * SHAREHOLDERS' EQUITY AT JUNE 30, 2022 TOTALED EUR 17.0M,
COMPARED WITH EUR 19.8M AT DECEMBER 31, 2021
    * ORDER BOOK AT END-JUNE 2022: EUR 30.6M, UP +76%
    * H1 OPERATING LOSS EUR 2.1 MILLION VERSUS LOSS EUR 1.9
MILLION
YEAR AGO
    * RIBER IS EXPECTED TO CONTINUE TAKING ORDERS BY END OF 2022
FINANCIAL YEAR
    * H1 NET LOSS EUR 1.6 MILLION VERSUS LOSS OF EUR 1.8 MILLION
YEAR
AGO
    * SUPPLY CHAIN DELAYS WILL LIKELY CAUSE SYSTEM DELIVERIES TO
BE
POSTPONED TO 2023
    * SIGNIFICANT INCREASE IN ENERGY COSTS WILL HAVE A VERY
LIMITED
IMPACT ON COMPANY'S ACTIVITY DUE TO LOW ENERGY CONSUMPTION IN
COMPANY'S PRODUCTION PROCESSES

Source text for Eikon:  ID:nGNE2jmGZv 
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