2023 first quarter revenues

Strong growth in the order book at the end of March 2023: +45%

Bezons, April 28, 2023 – 8:00am (CET) – RIBER, the global leader for molecular beam epitaxy (MBE) equipment serving the semiconductor industry, is reporting its revenues for the first quarter of 2023.

Change in revenues

At March 31 (€m) 2023 2022 Change
Systems 1.9 0.0 na
Services and accessories 1.8 2.4 -23%
Total quarterly revenues 3.7 2.4 +54%

2023 first-quarter revenues amounted to €3,7m, compared to €2.4m for the first quarter of 2022.

Revenues for MBE systems totaled €1.9m and included billing for one research system.

Revenues for services and accessories totaled €1.8m.

At end-March 2023, the breakdown of the Company’s revenues was as follows: 15% in Europe, 27% in Asia, 6% in North America and 51% in other countries.

Order book developments

At March 31 (€m) 2023 2022 Change
Systems 26.7 16.7 +60%
Services and accessories 6.5 6.2 +5%
Total order book 33.1 22.8 +45%

At end-March 2023, the order book totaled €33.1m, up 45% from end-March 2022, and is driven by the increase in industrial demand for both the R&D and production.

Orders for MBE systems are up 60% to €26.7m, based on 11 machines, including 4 production machines. This order book does not include the option to buy announced on June 8, 2022, for 4 production machines.

Orders for services and accessories are up 5% to €6.5m.

2023 Outlook

In view of the strong order book with a high rate of machines deliverable in 2023, RIBER is targeting a full-year revenue of around €40m. This growth in business will be combined with an improvement in profitability.

In a buoyant market context, RIBER will continue taking orders during the second quarter of 2023.

• June 20, 2023 : Combined General Meeting from 10am at RIBER’s headquarters in Bezons

Posted on Friday, April 28, 2023 - 08:00 am

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