Riber Sa · EURONEXT:ALRIB
Riber Sa — Investor Presentation (May 2021)
23 slides from Riber Sa's investor presentation, May 2021
Slide 1: General presentation
General presentation May 2021
Slide 2: Agenda: Profile
Agenda 1. PROFILE 2. VALUE PROPOSITIONS 3. 2020 FULL-YEAR EARNINGS 4. OUTLOOK 5. STOCK MARKET RIBER – May 2021 2
Slide 3: Riber plays an integral role in the semiconductor industry
Riber plays an integral role in the semiconductor industry Specialist for systems producing semiconductor alloys and depositing complex materials in ultra-thin layers Global market leader for molecular beam epitaxy (MBE) Over 50 years of experience Groundbreaking technologies: evaporators for produc
Slide 4: Riber machines and equipment to develop very high-performance semiconductor systems
Riber machines and equipment to develop very high- performance semiconductor systems MAIN INDUSTRIAL FIELD OF APPLICATION Terrestrial telecommunications (5G, Terrestrial (FTTH, LAN) and submarine 4G, wifi) (long-haul) fiber optic networks Satellites (transmitting-receiving Laser cutting antennae) La
Slide 5: Agenda: Value propositions
Agenda 1. PROFILE 2. VALUE PROPOSITIONS 3. 2020 FULL-YEAR EARNINGS 4. OUTLOOK 5. STOCK MARKET RIBER – May 2021 5
Slide 6: Value propositions
Value propositions Research Industrial company: Industrial company: laboratories: MBE MBE Evaporators Client needs Client needs Client needs Growth of semiconductor alloy Manufacturing of semiconductor alloy Manufacturing of machines for crystals with MBE epitaxy wafers with MBE depositing thin film
Slide 7: Global base of leading clients
Global base of leading clients… Universities or research centers covering semiconductors and/or Around 630 Research electronics (MBE) MBE 324 customers machines in in 38 countries operation Electronic component Around 120 manufacturers (MBE) MBE Production 44 customers machines in in 10 countries op
Slide 8: Recurrent revenues for services and accessories
… with recurrent revenues for services and accessories Breakdown of Riber’s installed MBE machines 36% Captive markets 28% Technical and scientific 36% support Improvement of performance levels (components) and ergonomics (automation and software) Fitting of new components or replacement of obsolete
Slide 9: Agenda: 2020 full-year earnings
Agenda 1. PROFILE 2. VALUE PROPOSITIONS 3. 2020 FULL-YEAR EARNINGS 4. OUTLOOK 5. STOCK MARKET RIBER – May 2021 9
Slide 10: 2020 highlights
2020 highlights Consequences of the COVID-19 pandemic Quick organizational adaptation and rigorous cost management to minimize the impact of the health crisis Respect of the production plan and delivery to customers on time Longer decision-making times for customers to take new orders Difficulties i
Slide 11: Positive full-year earnings for 2020 (€m)
Positive full-year earnings for 2020 (€m) RIBER – May 2021 11
Slide 12: Simplified income statement
Simplified income statement (en M€ - normes IFRS) 2020 2019 r 2018 Revenues 30,2 33,5 -10% 31,3 Sytems 18,2 23 -21% 9,6 Evaporators 0,3 1,1 -68% 11,6 Services & accessories 11,7 9,4 25% 10,1 Gross Margin 9,1 9,9 11,1 -0,8 % of revenues 30,1% 29,6% 35,6% Sales -3,2 -3,9 -3,8 Research & Development -2
Slide 13: Consolidated balance sheet
Consolidated balance sheet Balance sheet at December 31, 2019 Balance sheet at December 31, 2020 €38.2 m €40,4 m Fixed assets Fixed assets 6,5 6,2 Deferred tax assets Deferred tax assets 1,9 2,0 Shareholder Equity Shareholder Equity Financial assets Financial assets 19,0 19,2 3,2 3,0 Inventories Inv
Slide 14: Change in the cash position at December 31, 2020
Change in the cash position at December 31, 2020 Change in working capital requirements (WCR): -5,3 8,0 5,9 RIBER – May 2021 14
Slide 15: Distribution proposed to the shareholders' meeting
Distribution proposed to the shareholders' meeting Distribution per share 0.03 € Share price at April 30, 2020 1.776 € Yield 1.6 % Cash distribution, taken from the issue premium Payment on July 7, 2021 RIBER – May 2021 15
Slide 16: Agenda: Outlook
Agenda 1. PROFILE 2. VALUE PROPOSITIONS 3. 2020 FULL-YEAR EARNINGS 4. OUTLOOK 5. STOCK MARKET RIBER – May 2021 16
Slide 17: First quarter 2021
First quarter 2021 Q1 activity not significant of the 2021 first-quarter revenues (€m) annual trend Delivery cycle for systems on order for 5,3 2021 focused on the second part of the year 3,0 3,2 Favorable trend for the services and accessories activities 3,2 2,3 2020 2021 Gradual resumption of syst
Slide 18: 2021: continuation of the strategic axes
2021: continuation of the strategic axes RESEARCH SERVICES AND INDUSTRIAL FIRMS LABORATORIES ACCESSORIES Maintain the market MBE: prepare the new Increase revenues to share target > 60% markets through more than 40% of Further strengthen demonstrator's supply consolidated revenues competitive advant
Slide 19: Significant R&D effort to support competitiveness
Significant R&D effort to support competitiveness MAIN STRATEGIC PROJECTS IN 2020 MBE8000: production and development of the multi wafer reactor, the first copy of which was delivered in March 2021 Development of a product line dedicated to the passivation of MBE SYSTEMS optoelectronic components, i
Slide 20: Intact potential despite the crisis
Intact potential despite the crisis Recognized leadership High level of technological requirements The information technology end-markets Sound development potential Strong opportunities in the short and medium term Increased value creation potential with new industrial applications Agile and very r
Slide 21: Agenda: Stock market
Agenda 1. PROFILE 2. VALUE PROPOSITIONS 3. 2020 FULL-YEAR EARNINGS 4. OUTLOOK 5. STOCK MARKET RIBER – May 2021 21
Slide 22: RIBER on the stock market
RIBER on the stock market Listing market: Shareholders structure Euronext Paris since 2000 at December 31, 2020 Indexes: EN GROWTH ALLSHARE, ISA Finances, Socodol, EN TECH CROISSANCE Mr. and Mrs Raboutet 20.9 % ISIN: FR0000075954 Ticker: ALRIB Bpifrance approval Float 55.6 % FCPI French innovation m
Slide 23: Questions / Answers
Questions / Answers