Brief: Riber Revises 2018 Revenue Guidance To 31 Million Euros

Riber SA

10/01/2019 08:31

Jan 10 (Reuters) - RIBER SA  RIBE.PA :
    * REG-RIBER REVISES ITS 2018 REVENUE GUIDANCE
    * RIBER IS REVISING ITS REVENUE FORECAST FOR 2018 TO EUR 31M
INSTEAD OF EUR 35M PREVIOUSLY EXPECTED.
    * ADJUSTMENT FOLLOWS DEFERRAL OF DELIVERIES FOR TWO MBE
MACHINES
TO Q1 OF 2019.
    * INCOME FROM ORDINARY OPERATIONS EXPECTED FOR 2018 WILL BE
AFFECTED BY THIS DEFERRAL OF REVENUES
    * THIS INFORMATION DOES NOT CHANGE COMPANY'S STRATEGY,
BACKED BY
AN ORDER BOOK OF AROUND EUR 30M AT DECEMBER 31, 2018
    * FY INCOME FROM ORDINARY OPERATIONS WILL CONTINUE TO SHOW A
PROFIT.
    * INCOME FROM ORDINARY OPERATIONS EXPECTED FOR 2018 WILL BE
AFFECTED BY UNEXPECTED INCREASE IN COSTS, PARTICULARLY FOR
SUBSIDIARIES, INCLUDING CREATION OF CHINESE SUBSIDIARY

Source text for Eikon:  urn:newsml:reuters.com:*:nGNEb1J8DW
Further company coverage:  RIBE.PA 

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