2024 first quarter revenues

2024 first quarter revenues: +20%
Order book at the end of March 2024: +4%

Bezons, April 26, 2024 – 8:00am (CET) – RIBER, the global leader for molecular beam epitaxy (MBE) equipment serving the semiconductor industry, is reporting its revenues for the first quarter of 2024.

Change in revenues

At March 31 (€m)	2024	2023	Change
Systems	2.0	1.9	+6%
Services and accessories	2.5	1.8	+35%
Total quarterly revenues	4.5	3.7	+20%

2024 first-quarter revenues amounted to €4,5m, up +20%.

Revenues for MBE systems increased by 6% to €2.0m and included billing for one machine.

Revenues for services and accessories rose by 35% to €2.5m.

At end-March 2024, the geographical breakdown of the Company’s revenues was as follows: 71% in Europe, 21% in Asia and 8% in North America.

Order book developments

At March 31 (€m)	2024	2023	Change
Systems	27.9	26.7	+5%
Services and accessories	6.5	6.5	–
Total order book	34.4	33.1	+4%

At end-March 2024, the order book totaled €34.4m, up 4% from end-March 2023. This performance highlights the compound semiconductor market’s strength in both R&D and industrial production.

Orders for MBE systems were up 5% to €27.9m, based on 10 machines, including 7 production systems.

Orders for services and accessories remained stable at €6.5m.

2024 Outlook

Given its current orders and the opportunities that will open up for its systems, services and accessories, RIBER expects further growth in revenues and earnings for 2024. The Company will provide full-year revenues forecast at the end of the first half of 2024.

Agenda
• June 19, 2024: Combined General Meeting from 10am at RIBER’s headquarters in Bezons

Posted on Friday, April 26, 2024 - 08:00 am