1 August 2018

Riber’s first-half revenue grows 36% year-on-year as MBE system sales quadruple

© Semiconductor Today Magazine / Juno PublishiPicture: Disco’s DAL7440 KABRA laser saw.

Riber S.A. of Bezons, France - which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells – has reported year-on-year revenue growth of 36% from €12.5m in first-half 2017 to €17m in first-half 2018. Asia contributed 74% of revenue (down from 84.2%), Europe 20% (up from 12.2%) and the USA 6% (up from 3.4%).

System revenue more than quadrupled from just €0.9m to €4.1m, reflecting the delivery of four machines (including three research units) compared with just one research machine in first-half 2017.

Services & Accessories revenue fell by 10% from €2.8m to €2.5m.

Evaporator revenue (cells and sources) grew by 18% from €8.8m to €10.4m, due to the high level of deliveries for the screen industry (from which most of the orders were delivered during the first half of the year).

The order book at end-June has more than doubled, from €16.8m to €34.1m.

Specifically, Systems orders more than doubled, rising by 128% from €10.5m to €24m (nine production machines versus four, and four research machines versus three). This excludes the order from China for a production machine, announced on 12 July.

Services & Accessories orders rose by 23% from €5.1m to €6.3m, reflecting the positive trend for production and research MBE activities.

Evaporator orders more than tripled, rising by 214% from €1.2m to €3.8m, driven by purchases for the photovoltaic industry.

Riber expects revenue in second-half 2018 to be up on second-half 2017. For full-year 2018, the firm is targeting year-on-year revenue growth of at least 15%, in view of the planned delivery timetable (which extends until 2019).

Earnings figures for first-half 2018 will be released on 27 September.

See related items:

Riber’s Q1 revenue down 21.7% year-on-year due to staggering of evaporator deliveries

Riber returns to annual profit

Riber’s 80% year-on-year revenue growth for first-half 2017 drives return to profitability

Tags: Riber MBE

Visit: www.riber.com