News: Suppliers
26 April 2024
Riber’s Q1 revenue up 20% year-on-year
For first-quarter 2024, molecular beam epitaxy (MBE) system maker Riber S.A. of Bezons, France has reported revenue of €4.5m, up 20% on €3.7m a year ago.
MBE systems revenue was €2m (comprising billing for one machine), up 6% on €1. 9m a year ago.
Services & Accessories revenue has risen by 35% from €1.8m to €2.5m.
Of total revenue, 71% came from Europe, 21% from Asia and 8% from North America.
Order book up 4% year-on-year
The order book totaled €34.4m at the end of March, up 4% from €33.1m at end-March 2023, highlighting the compound semiconductor market's strength in both R&D and industrial production.
Specifically, orders for MBE systems are up by 5% from €26.7m to €27.9m, comprising 10 machines (including seven production systems). The Services & Accessories order book remained level at €6.5m.
Full-year outlook for 2024
Given its existing orders and the opportunities that are expected to open up for its systems and services & accessories, Riber forecasts further growth in revenue and earnings for 2024. The firm will provide a full-year revenue forecast at the end of first-half 2024.
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