- News
31 January 2018
Riber reports full-year 2017 revenue up 86% to €30.6m, driven by evaporators
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For full-year 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 growth of 86% from 2016’s €16.5m to €30.6m (49% from Asia, 33% from Europe and 18% from North America).
Revenue for MBE systems was €7.2m, down 19% on 2016’s €8.8m due to a lower level of billings: five systems (including two production units) in 2017 versus six machines (including two production units) in 2016.
Revenues for services & accessories were €7.2m, up 56% on 2016’s €4.6m, supported by the reactivation of production capacity by industrial customers.
Revenues for evaporators (cells and sources) were €16.2m, up 435% on 2016’s €3m, driven by major contracts to supply evaporators for the photovoltaic and screen industries.
The order book has risen by 44% from €18m at the end of 2016 to €25.8m at the end of 2017 (not including three orders announced this January: for major accessories for Asia; a research MBE system for the USA; and a production MBE system for China, all for delivery in 2018).
Systems order are up 121% from €5.5m to €12.2m, including seven MBE systems (of which five are production machines).
Services & accessories orders are up 34% €3.7m to €4.9m, reflecting the robust development of production and research MBE activities.
Order for evaporators (cells and sources) remains roughly unchanged at €8.7m.
In view of the order development, Riber is forecasting a further year of growth for 2018.
Full-year earnings figures for 2017 will be released on 12 April.
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Riber reports first-half 2017 revenue up 80% year-on-year
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
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