Riber: share price rises following new US order

(CercleFinance.com) - Riber shares are gaining ground on the Paris Bourse this Wednesday, following the announcement of a new order for a research system to be delivered in the US.


Shortly before noon, shares in the equipment supplier to the semiconductor industry gained over 3% in sustained volumes, which have already exceeded their daily average for the last four sessions.

The world leader in molecular beam epitaxy (MBE) equipment announced this morning that a US customer had ordered a 'Compact 21' system for its research activities.

The equipment is intended to enable the company to advance its work in the development of III-V semiconductor materials and devices for microelectronics and photonics.

This new order is due for delivery this year.

Supported by upbeat sales, Riber's share price has risen by almost 45% YTD, outpacing the 7% rise in the SBF 120 index.


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