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News

11 May 2007

 

Riber grows sales 19% year-on-year

For first-quarter 2007, MBE equipment maker Riber of Bezons, France has reported sales of €1.3m (up 19% on €1.1m a year ago), including accessories, components and revenues from the rental over one quarter of the machine installed for the Riber/IMEC partnership.

During Q1/2007, installation was completed of the machine for the Riber/IMEC partnership, which is being used to develop microprocessors based on III-V and high-k dielectric oxide materials. First results are expected during the current quarter (to end June).

Also, Riber and the CNRS-CRHEA research institute in Valbonne, France started the development of monolithic white LEDs based on gallium nitrides (GaN), after ANR (Agence National de la Recherche) approved funding for the program in February. The advantage compared to existing LEDs should be the ability to choose the ‘warmth’ of the white color and to allow simple and cost-effective manufacturing by avoiding the use of phosphors, says Riber.

Order backlog at the end of March was €8.1m. Riber has since received three recent orders for research machines (including two for new customers) for a total of €2.2m, raising the backlog to €10.3m (in line with company’s forecasts).

Riber maintains its previous sales forecast for 2007 of €16-18m (although this is lower than the forecast of €16-20m given at the end of March, and down from 2006’s revenue of €20m).

See related item:

Rueil-Malmaison plant sale boosts Riber to €10.4 net profit

Visit: http://www.riber.com