Riber 2018 Revenues Slightly Up
Revenues for 2018 at €31.3m, up 2.3 percent compared with 2017
Semiconductor equipment firm Riber has reported its full-year revenues for 2019. Full-year revenues for 2018 came to €31.3m, up 2.3 percent compared with 2017, which was a historically high year with growth of 86 percent versus 2016.
Systems revenues were up 33 percent from 2017 to €9.6m, despite the deferral of deliveries for two MBE machines, which will be invoiced in the first quarter of 2019, as indicated in the press release from January 10, 2019. In 2018, six machines, including three production units, were billed, versus five machines, with two production units, in 2017.
Revenues from evaporators came to €11.6m, maintaining a high level of performance, although down from the previous year (-19 percent). As in 2017, they are focused primarily on an Asian client.
Revenues for services and accessories totaled €10.1m, a 12 percent increase compared with 2017. They reflect the drive to regularly develop this business, which makes a strong contribution in terms of the gross margin.
The breakdown of full-year revenues for 2018 was as follows: 49 percent for Europe, 43 percent for Asia and 8 percent for North America.
The systems order book represents €22.3m, up 83 percent from the end of the previous year. It includes 13 MBE systems, with seven production machines.
The order book for evaporators came to €0.8m, significantly lower than December 31, 2017. This downturn is linked to a temporary slowdown in investments in screen production lines.
The services and accessories order back came to €6.8m, showing a temporary decline compared with the end of December 2017.
Outlook for 2019
In view of the high level of the order book, to be invoiced over 2019, Riber is forecasting a further year of revenue growth.