Solid business growth at end-september 2024
Download press release• Revenues up +14% to €18.5m
• Order book strengthened to €38.3m (+14%)
Bezons, October 30, 2024 – 8:00am – RIBER, the global leader for molecular beam epitaxy (MBE) equipment serving the semiconductor industry, is reporting its revenues for the year to end-September 2024.
Change in revenues
| €m | 2024 | 2023 | Change |
|---|---|---|---|
| First quarter | 4.5 | 3.7 | +20% |
| Second quarter | 9.3 | 8.5 | +10% |
| Third quarter | 4.7 | 4.0 | +19% |
| Total 9-month revenues | 18.5 | 16.2 | +14% |
| At end-September (€m) | 2024 | 2023 | Change |
|---|---|---|---|
| Systems | 12.3 | 9.6 | +28% |
| Services and accessories | 6.2 | 6.6 | -6% |
| Total 9-month revenues | 18.5 | 16.2 | +14% |
At September 30, 2024, RIBER revenues amounted to €18.5m, up +14% compared with the same period in 2023, reflecting the company’s strengthened position in the MBE market for both research and industrial production.
Systems revenues came to €12.3 m, up +28% with the delivery of 4 machines, compared with 5 machines in the first nine months of 2023.
Revenues for services and accessories totaled €6.2 m, down 6% compared with the previous year.
The geographical breakdown of revenues at end-September 2024 was as follows: Asia 68%, Europe 25% and North America 6%.
Order book developments
| At end-September (€m) | 2024 | 2023 | Change |
|---|---|---|---|
| Systems | 31.9 | 27.6 | +16% |
| Services and accessories | 6.4 | 6.1 | +6% |
| Total order book | 38.3 | 33.6 | +14% |
The systems order book came to €31.9m, up +16%, with a total of 13 systems, including 8 production machines. This figure does not include the order for a production system announced on October 21, 2024.
The services and accessories order book reached €6.4m, up +6% from the previous year.
As a result, at September 30, 2024, the total order book came to €38.3m, up +14% compared with the same period in 2023.
Outlook
Based on the fourth-quarter delivery schedule, RIBER expects to exceed €40m in full-year revenues, along with further improvements in earnings.
Against a favorable backdrop of growth in the compound semiconductor market, new orders should continue to be booked before the end of the year.
Next date: 2024 full-year revenues will be released on Wednesday January 29, 2025 (before start of trading).
Posted on Wednesday, October 30, 2024 - 08:00 am
