Strong growth in 2010 full-year earnings Favorable outlook

2010 revenues came to €20.7 million, compared with €17.4 million in 2009, with this growth driven by a 10% increase in the MBE systems business, reflecting the upturn in demand from compound semiconductor industrial firms. It has been supported by the strong development of the services and accessories business (+38%), as well as the higher level of evaporation source and cell sales (+24%), confirming the relevance of the strategy to diversify into the strongly-growing OLED (Organic LED) and thin-layer solar cell (CIGS technology) markets.

The gross margin before changes in provisions for inventories came to €7.8 million, representing 38% of revenues, compared with 33% the previous year, factoring in the increase in productivity and the improvement in the product mix. Consolidated net income rose to €1.8 million (8.7% of revenues), improving by €1.4 million in relation to 2009.

INCREASE IN THE CASH POSITION At December 31st, 2010, RIBER's financial structure shows €22.8 million in shareholders' equity, coming in higher than 2009. Net cash (after deducting recoverable advances) totaled €9.6 million, an increase of 71% in relation to December 31st, 2009.