News Article

Riber Posts Q1 Results

News

€2.4m revenues are down 25 percent compared with Q1 2021

MBE firm Riber is reporting its revenues for the first quarter of 2022. Revenues came to €2.4m, down 25 percent compared with the first quarter of 2021.

While no revenues were recorded for MBE systems, this reflects the production cycle for machines that have been ordered for 2022 and is not an indication of the company's performance over the full year, says the company.

Revenues for services and accessories (€2.4m) show a temporary contraction, down 25 percent due to deferred billing for a major order. They are therefore expected to bounce back strongly in the second quarter.

At end-March 2022, the breakdown of the company's revenues was as follows: 50 percent in Europe, 39 percent in Asia and 11 percent in the US.

Order book developments

During the first quarter, the company recorded six orders for MBE systems, confirming the significant upturn in new orders despite the persistent obstacles for granting export licenses for certain contracts in Asia.

At end-March 2022, the order book totaled €22.8m, up 32 percent from end-March 2021. The systems order book is up 74 percent to €16.7m, based on nine machines, with eight to be delivered in 2022. The services and accessories order book is down 20 percent to €6.1m, faced with a high basis for comparison.

Outlook for 2022

The company is forecasting growth in both revenues and profitability for 2022 compared with 2021. Alongside this, the company expects to continue to record new orders during the second quarter of 2022 thanks to a strong pipeline of prospects for both systems and services.

CS International to return to Brussels – bigger and better than ever!


The leading global compound semiconductor conference and exhibition will once again bring together key players from across the value chain for two-days of strategic technical sessions, dynamic talks and unrivalled networking opportunities.


Join us face-to-face between 28th – 29th June 2022

  • View the agenda.
  • 3 for the price of 1. Register your place and gain complementary access to TWO FURTHER industry leading conferences: PIC International and SSI International.
  • Email info@csinternational.net  or call +44 (0)24 7671 8970 for more details.

*90% of exhibition space has gone - book your booth before it’s too late!

Register


×
Search the news archive

To close this popup you can press escape or click the close icon.
×
Logo
×
Register - Step 1

You may choose to subscribe to the Compound Semiconductor Magazine, the Compound Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
Live Event