2017 revenues on target at €30.6 million

• Strong revenue growth, up +86%
• Significant development of the evaporators market
• Very good prospective for 2018 with an order book up +44% at end 2017

Bezons, January 30, 2018 – 5:45 pm – RIBER, a global market leader for semiconductor industry equipment, is today reporting its full-year revenues for 2017.

Change in revenues

€M	2017	2016	Change
1st quarter	9,2	1,4	+ 537 %
2nd quarter	3,3	5,6	– 41 %
3rd quarter	2,8	1,1	+ 145 %
4th quarter	15,3	8,3	+ 84 %
Full-year	30,6	16,5	+ 86 %

 

€M	2017	2016	Change
Systems	7,2	8,8	– 19 %
Services and accessories	7,2	4,6	+ 56 %
Evaporators (cells and sources)	16,2	3,0	+ 435 %
Full-year	30,6	16,5	+ 86 %

Full-year revenues for 2017 are up 86% year-on-year to €30.6 million, in line with the company’s target.

Revenues for MBE systems came to €7.2 million, down -19% from 2016 due to a lower level of billing. In 2017, five machines, including two production units, were billed, versus six machines,
including two production units, in 2016.

Revenues for services and accessories climbed 56% to €7.2 million, supported by the reactivation of production capacity by industrial customers.

Revenues for evaporators (cells and sources) are up 435% to €16.2 million, driven by the successful transformation of major contracts to supply evaporators for the photovoltaic and screen industries.

The breakdown of full-year revenues for 2017 is as follows: 49% for Asia, 33% for Europe and 18% for North America.

Order book developments

au 31 décembre – en M€	2017	2016	Change
Systems	12,2	5,5	+ 121 %
Services and accessories	4,9	3,7	+ 34 %
Evaporators (cells and sources)	8,7	8,8	– 1 %
Full-year	25,8	18,0	+ 44 %

The order book at December 31, 2017 is up 44% from December 31, 2016 to €25.8 million. This book does not include the three orders announced in January 2018, i.e. the major accessories order in Asia, the order for a research MBE machine in the USA, and the order for a production MBE system in China, to be delivered in 2018.

The systems order book at December 31, 2017 shows 121% growth to €12.2 million, including seven MBE systems from which five are production machines.

The services and accessories order book is up 34% to €4.9 million. This increase reflects the robust development of production and research MBE activities.

The order book for evaporators (cells and sources) remains unchanged at €8.7 million.

Outlook for 2018

In view of these elements, RIBER is forecasting a further year of growth for 2018.

2017 full-year earnings will be released on April 12, 2018 (after close of trading).

 

Posted on Tuesday, January 30, 2018 - 17:45 pm