Riber 2011 first-quarter revenues

Growth in business is being driven by the development of systems sales, with two machines delivered during the first quarter. This is combined with the increase in sales of evaporation sources and cells, multiplied by nine compared with the same period in 2010. This change reflects ongoing move to diversify RIBER's activities on the strongly growing OLED (Organic LED) and thin-layer solar panel (CIGS technology) markets.

Sales of services and accessories are down temporarily compared with the high level seen in the first quarter of 2010. The positive evolution of revenues also results from Riber’s policy aiming to evenly spread production throughout the year. Strong outlook for 2011 The order book at the end of March 2011 came to €21.3 million, 134% higher than the same period in 2010. It consists of six research systems and four production systems, with the company receiving an order for a new production machine in March. Out of these 10 machines in the order book, only one system is not scheduled to be delivered during the year. In addition, the book includes major effusion cell orders in the OLED sector.