AES Semigas

IQE

3 August 2023

Riber’s half-year revenue grows 32% year-on-year to €12.2m as systems revenue almost triples

Riber S.A. of Bezons, France – which makes molecular beam epitaxy (MBE) systems as well as evaporation sources – has reported first-half revenue growth of 32%, from €9.2m in 2022 to €12.2m for 2023. Of this, 26% came from Europe, 62% from Asia and 12% from North America.

MBE Systems revenue almost tripled (rising by 192%) from €2.9m to €8.5m (with deliveries rising from just one to four machines). Revenue from Services & Accessories has fallen by 42% from €6.3m to €3.6m.

Growth in Systems orders offsets drop in Services & Accessories

The order book at end of June came to €30.5m, roughly level year-on-year with €30.6m a year ago.

The Systems order book is up by 3%, from €23m to €23.7m (comprising nine machines, including four production machines). The Services & Accessories order book is down by 11% from €7.6m to €6.7m.

Full-year outlook maintained

In view of the strong order book (with a high proportion of machines deliverable by the end of this year), Riber’s outlook for full-year 2023 remains unchanged, i.e. revenue of about €40m (up 44% on 2022’s €27.8m), with an improvement in profitability.

Riber expects that, in a buoyant semiconductor market, it will continue to take new orders during second-half 2023.

Earnings for first-half 2023 will be issued on 29 September.

See related items:

Riber receives order from Asia for MBE 6000 production system

Riber’s Q1 revenue up 54% year-on-year

Riber reports full-year net profit, despite electronic component sourcing constraints

Riber’s revenue halves in Q3, impacted by difficulties sourcing electronic components

Riber’s order book up 76% year-on-year to €30.6m at end-June

Tags: Riber MBE

Visit: www.riber.com

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