Riber 2017 revenues up 86 percent
Company predicts another year of growth in 2018
Riber, a maker of semiconductor industry equipment, has reported that its full-year revenues for 2017 were up 86 percent. Prospects for 2018 are also looking good with an order book up +44 percent at end 2017.
Revenues for MBE systems came to €7.2 million, down -19 percent from 2016 due to a lower level of billing. In 2017, five machines, including two production units, were billed, versus six machines, including two production units, in 2016.
Revenues for services and accessories climbed 56 percent to €7.2 million, supported by the reactivation of production capacity by industrial customers. Revenues for evaporators (cells and sources) are up 435 percent to €16.2 million, driven by the successful transformation of major contracts to supply evaporators for the photovoltaic and screen industries.
The breakdown of full-year revenues for 2017 is as follows: 49 percent for Asia, 33 percent for Europe and 18 percent for North America.
The order book at December 31, 2017 is up 44 percent from December 31, 2016 to €25.8 million. This book does not include the three orders announced in January 2018, i.e. the major accessories order in Asia, the order for a research MBE machine in the USA, and the order for a production MBE system in China, to be delivered in 2018.
The systems order book at December 31, 2017 shows 121 percent growth to €12.2 million, including seven MBE systems from which five are production machines.
The services and accessories order book is up 34 percent to €4.9 million. This increase reflects the robust development of production and research MBE activities.
The order book for evaporators (cells and sources) remains unchanged at €8.7 million.
Outlook for 2018
In view of these elements, Riber is forecasting a further year of growth for 2018.
