Brief: Riber H1 Revenues Down 17% At 11.6 Millions Euros

Riber SA

30/09/2020 17:38

Sept 30 (Reuters) - RIBER SA  ALRIB.PA :
    * H1 NET LOSS -1.1 MILLION EUR VERSUS -400,000 EUR LOSS YEAR
AGO
    * REVENUES FOR FIRST HALF OF 2020 CAME TO EUR 11.6M, DOWN
EUR 2.3M
FROM FIRST HALF OF 2019
    * GROSS MARGIN CAME TO EUR 3.3M FOR FIRST HALF OF 2020,
REPRESENTING 28.9% OF REVENUES
    * INCOME FROM ORDINARY OPERATIONS CAME TO EUR (1.0)M, DOWN
EUR
0.45M VERSUS FIRST HALF OF 2019
    * NET INCOME TOTALED EUR (1.1)M, COMPARED WITH EUR (0.4)M
FOR
FIRST HALF OF 2019
    * SHAREHOLDERS' EQUITY AT JUNE 30, 2020 REPRESENTS EUR
17.4M,
COMPARED WITH EUR 19.2M AT DECEMBER 31, 2019.
    * CASH POSITION AT END-JUNE 2020 TOTALED EUR 6.1M, COMPARED
WITH
EUR 2.5M AT JUNE 30, 2019.
    * ORDER BOOK AT JUNE 30, 2020 IS DOWN 36% FROM JUNE 30, 2019
TO
EUR 18.2M.
    * COMPANY EXPECTS ITS MACHINE ORDERS TO IMPROVE IN LAST
QUARTER
THANKS TO A STRONG PORTFOLIO OF PROSPECTS
    * IS FORECASTING FULL-YEAR REVENUES OF AROUND EUR 30M FOR
2020,
COMPARED WITH EUR 33.5M IN 2019
    * H1 OPERATING INCOME OF LOSS EUR 1  MILLION VERSUS LOSS EUR
0.5
MILLION YEAR AGO

Source text for Eikon:  ID:nGNE8xJMxg 
Further company coverage:  ALRIB.PA 

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