- News
25 July 2017
Riber reports first-half 2017 revenue up 80% year-on-year
For first-half 2017, Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported revenue of €12.5m, up 80% on €7m in first-half 2016, comprising 57% from Asia (up from 56%), 12% from the USA (down from 24%) and 31% from Europe (up from 20%).
The strong growth reflects the major deliveries of evaporators (Cells & Sources) in the first quarter for the photovoltaic and screen industries (driving first-half sales to €8.8m, compared with just €1m in first-half 2016), as well as continued growth in sales of Services & Accessories during the second quarter (to €2.8m, up 18% on €2.4m in first-half 2016).
In terms of MBE Systems, one research system yielding €0.9m in revenue was billed during first-half 2017, compared with two systems (including one production unit) yielding €3.6m in revenue in first-half 2016.
Orders have almost doubled (up by 92%) from €8.8m in first-half 2016 to €16.8m, reflecting contributions by each business line.
Specifically, MBE System orders are up 76%, from €6m (four research systems plus one production system) in first-half 2016 to €10.5m (three research systems plus four production systems) in first-half 2017.
Orders for evaporators (Cells & Sources) have risen by70% from€0.7m to €1.2m, driven primarily by purchases relating to MBE systems.
Orders for Services & Accessories order have risen by 143% from €2.1m to from €5.1m, mainly confirming the upturn in customers’ production activities.
Considering the level of business recorded for first-half 2017 and the good visibility, Riber is raising its target for full-year 2017 revenue growth from 30% to at least 50%.
Full results for first-half 2017 earnings will be released on 26 September.
Riber’s revenue booms in Q1/2017, driven by Cells & Sources for PV and screen applications
Riber more than doubles gross margin as losses slashed in full-year 2016
Riber's first-half revenue rises 23% year-on-year, driven by MBE system sales
©2006-2020
Juno Publishing and Media Solutions Ltd. All rights reserved. Semiconductor
Today and the editorial material contained within it and related media is
the copyright of Juno Publishing and Media Solutions Ltd. Reproduction in
whole or part without permission from Juno Publishing and Media Solutions
Ltd is forbidden. In most cases, permission will be granted, if the magazine
and publisher are acknowledged.