News Article

Riber Revenues Up 42 Percent

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MBE system sales show 193 percent growth over nine months

Semiconductor equipment firm Riber has reported its revenues for the year to end-September 2018 to be €21.7m, up 42 percent.

MBE system sales show 193 percent growth, following the delivery of five machines over nine months, including two production units, compared with two research machines during the same period in 2017. Revenues for services and accessories are up 26 percent year-on-year. Evaporator sales increased by 16 percent, following major deliveries for the screen industry, primarily during the first half of the year.


The breakdown of revenues for the first nine months of 2018 was as follows: 59 percent for Asia, 32 percent for Europe and 9 percent for North America.


The order book at September 30, 2018 represents €30.6 million, with 15 percent growth versus September 30, 2017.

The systems order book at March 31, 2018 is up 120 percent to €22.2m. It includes 12 systems, scheduled for delivery between 2018 and 2019, with seven production machines (versus four in 2017) and five research machines (versus two in 2017). It does not include the order for a production machine in Asia, announced on October 18.

The services and accessories order book represents €4.7m, down 20 percent linked to the contraction in demand for machine refurbishments.

The evaporators order book came to €3.8m, contracting 65 percent following the completion of the major wave of investment in the screen industry.

Outlook

In line with the delivery schedule for the end of the year, Riber is targeting full-year revenues of €35m for 2018 and at least 15 percent year-on-year growth for income from ordinary operations.

In a globally positive environment for the semiconductor alloys market, Riber says it has good visibility for the medium term, thanks to a robust order book that is expected to be further strengthened shortly with several projects currently in negotiations.


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