Revenues at end-September 2020: €17.5m
Download press release- Confirmation of the robust performance by the Services & Accessories business
- €18.2m order book at September 30, 2020
Bezons, October 29, 2020 – 6:00 pm – RIBER, global market leader in MBE equipment for semiconductor industry, is reporting its revenues for the year to end-September 2020.
Change in revenues
| €m | 2020 | 2019 | Change |
|---|---|---|---|
| 1st quarter | 5,4 | 6,7 | – 19% |
| 2nd quarter | 6,2 | 7,2 | – 15% |
| 3rd quarter | 5,9 | 6,8 | – 13% |
| Total 9-month revenues |
17,5 | 20,7 | – 15% |
| At september 30 (€m] | 2020 | 2019 | Change |
|---|---|---|---|
| Systems | 9,5 | 12,8 | – 26% |
| Evaporators | 0,1 | 1,0 | – 90% |
| Services and accessories | 7,9 | 6,9 | + 14% |
| Total 9-month revenues | 17,5 | 20,7 | – 15% |
Revenues at September 30, 2020 came to €17.5m, down 15% from September 30, 2019.
MBE systems revenues totaled €9.5m, down 26%, following the deferral of deliveries linked to the pandemic context. During the first nine months, five systems – including three production units – were delivered, compared with six systems – including five production units – at September 30, 2019.
Evaporator revenues remained sluggish due to the current lack of investment in OLED screen production equipment.
Revenues for services and accessories climbed 14% to €7.9m, driven by a sustained level of commercial activity, especially with the installed base.
At end-September 2020, the breakdown of revenues was as follows: 39% for Europe, 43% for Asia, 12% for North America and 6% for other countries.
Order book developments
| At September 30 (€m) | 2020 | 2019 | Change |
|---|---|---|---|
| Systems | 8,7 | 20,4 | – 57% |
| Evaporators | 0,0 | 0,0 | – |
| Services and accessories | 9,5 | 6,1 | + 56% |
| Total order book | 18,2 | 26,5 | – 31% |
The order book at September 30, 2020 totaled €18.2m, down 31% from September 30, 2019.
The systems business continued to be impacted by the increase in decision times by clients and export licenses applications, with an order book contracting 57% to €8.7m, including five systems – with one production unit to be delivered during the last quarter of 2020. However, the portfolio of prospects is at a historically high level.
The services and accessories business is confirming its robust commercial development, with an order book of €9.5m, up 56% year-on-year, taking into account the good level of orders recorded during the third quarter of 2020.
Outlook
RIBER is confirming its forecast for 2020, with full-year revenues of around €30m, compared with €33.5m in 2019.
Next date
2020 full-year revenues will be released on Friday January 29, 2021 (before start of trading)
Posted on Thursday, October 29, 2020 - 18:00 pm
