Solid business growth expected by end of September 2024
- Revenues up +14% to €18.5 million
- Orders increased to €38.3 million (+14%)
Bezons, October 30, 2024 – 8:00 a.m. – RIBER, a global leader in molecular beam epitaxy (MBE) equipment serving the semiconductor industry, reports annual revenues to the end of September 2024.
Change in revenue
| million euros | 2024 | 2023 | change |
| 1st quarter | 4.5 | 3.7 | +20% |
| 2nd quarter | 9.3 | 8.5 | +10% |
| 3rd quarter | 4.7 | 4.0 | +19% |
| Total revenue for 9 months | 18.5 | 16.2 | +14% |
| As of end of September (million euros) | 2024 | 2023 | change |
| system | 12.3 | 9.6 | +28% |
| Services and accessories | 6.2 | 6.6 | -6% |
| Total revenue for 9 months | 18.5 | 16.2 | +14% |
As of September 30, 2024, RIBER’s revenue amounted to €18.5 million, an increase of +14% compared to the same period in 2023. This reflects the company’s strengthening position in the MBE market for both research and industrial production.
System revenue amounted to €12.3 million, an increase of +28% with the delivery of four machines compared to five machines in the first nine months of 2023.
Services and accessories revenue totaled €6.2 million, down 6% year-on-year.
The geographic breakdown of revenue at the end of September 2024 was as follows: Asia 68%, Europe 25% and North America 6%.
Order book development
| As of end of September (million euros) | 2024 | 2023 | change |
| system | 31.9 | 27.6 | +16% |
| Services and accessories | 6,4 | 6,1 | +6% |
| total order book | 38,3 | 33,6 | +14% |
The systems order backlog increased by 16% to €31.9 million, totaling 13 systems including eight production machines. This number does not include orders for production systems announced on October 21, 2024.
Orders for services and accessories amounted to 6.4 million euros, an increase of +6% compared to the previous year.
As a result, the total order value as of September 30, 2024 was EUR 38.3 million, an increase of +14% compared to the same period in 2023.
outlook
Based on the fourth quarter delivery schedule, RIBER expects full-year revenue to exceed EUR 40 million, with further improvement in earnings.
With the growth of the compound semiconductor market, new orders are expected to continue until the end of the year.
Next date: Full-year 2024 earnings are expected to be announced on Wednesday, January 29, 2025 (before trading begins).
About River
Founded in 1964, RIBER is the world market leader in MBE (Molecular Beam Epitaxy) equipment. The company designs and manufactures equipment for the semiconductor industry, provides scientific and technical support (hardware and software) to clients, maintains equipment, and optimizes performance and output levels.
Accelerating performance in electronics, RIBER’s equipment helps develop advanced semiconductor systems used in numerous applications, from information technology to photonics (lasers, sensors, etc.), 5G communications networks, and research including quantum computing. plays an important role in.
RIBER is a BPI France certified innovative company and listed on the Euronext Growth Paris market (ISIN: FR0000075954).
www.riber.com
contact address
Liber : Annie Geoffroy | Phone: +33 (0)1 39 96 65 00 | invest@riber.com
Calyptus : Cyril Combe | Phone: +33 (0)1 53 65 68 68 | cyril.combe@calyptus.net
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