RIBER records a robust performance at end-September 2019

• Revenues for the first nine months of 2019 virtually stable at €20.7m
• Strong order book of €26.4m

Bezons, October 30, 2019 – 5:45pm – RIBER, a global market leader for semiconductor industry equipment, is reporting its revenues for the year to end-September 2019.

Change in revenues

€m	2019	2018	Change
1st quarter	6,7	7,2	– 7 %
2nd quarter	7,2	9,5	– 24 %
3rd quarter	6,8	4,9	+ 39 %
Total 9-month revenues	20,7	21,6	– 4 %

 

At September 30 (€m)	2019	2018	Change
Systems	12,8	5,4	+ 136 %
Evaporators	1,0	10,6	– 91 %
Services and accessories	6,9	5,6	+ 23 %
Total 9-month revenues	20,7	21,6	– 4 %

Revenues at September 30, 2019 came to €20.7m, down slightly from September 30, 2018 (-4%). The development of the “systems” and “services” activities has made it possible to offset the contraction in the “evaporators” business linked to the general economic environment.

Systems sales are up 136%, with this growth consolidated by the positive market environment for production MBE. Over the first nine months, six systems – including five production units – were delivered, compared with five machines – including two production units – at September 30, 2018.

Sales of evaporators are sluggish, factoring in the completion of the previous investment cycle for OLED screen production equipment.

The services and accessories business is continuing to grow, with sales climbing 23% compared with September 30, 2018.

For the first nine months of 2019, the breakdown of revenues was as follows: 44% in Europe, 32% in Asia and 24% in North America.

Order book developments

At September 30 (€m)	2019	2018	Change
Systems	20,4	20,6	– 1 %
Evaporators	0,0	3,8	– 100 %
Services and accessories	6,1	6,6	– 8 %
Total order book	26,4	31,0	– 15 %

The order book at September 30, 2019 shows a sustained performance, with €26.4m, offering good visibility for the medium term. The systems order book is stable compared with September 30, 2018 at €20.4m, comprising 12 systems, with six production machines and six research machines. In addition, six machines, including two production units, are scheduled for delivery during the last quarter of 2019. The order book for services and accessories is satisfactory at €6.1m.

Outlook

In view of these elements, RIBER expects 2019 full-year revenues and operating income growth compared with 2018.

In a globally positive environment for the semiconductor alloys market, RIBER is moving forward with its development strategy, consolidating its market shares, expanding its portfolio of technologies and clients, and supporting the development of its service activities.

Next date

2019 full-year revenues will be released on Tuesday January 28, 2020 (after close of trading).

Posted on Wednesday, October 30, 2019 - 17:45 pm