News: Suppliers
1 February 2024
Riber’s revenue grows by 41% to €39.2m in 2023, as systems revenue almost doubles
For fourth-quarter 2023, molecular beam epitaxy (MBE) system maker Riber S.A. of Bezons, France has reported revenue of €23m, up 48% on €15.6m in Q4/2022 a year ago, and following revenue of just €3.7m, €8.5m and €4m in Q1, Q2 and Q3/2023, respectively.
Full-year revenue hence grew by 41% from €27.8m in 2022 to €39.2m for 2023 (63% coming from Asia, 24% from Europe and 13% from North America).
This was driven by Systems revenue almost doubling, rising by 96% from €14.8m in 2022 to €29m in 2023, as deliveries grew from just six systems (including four production systems) to 13 systems (including five production systems).
In contrast, Services & Accessories revenue fell by 21% from €13m in 2022 to €10.3m in 2023.
Order book developments
Orders for Services & Accessories rose by 16% from €5.3m at the end of 2022 to €6.1m at the end of 2023.
However, following the major deliveries in Q4/2023, the order book for MBE systems is down 18% from €24.6m at the end of 2022 to €20.2m at the end of 2023. This comprises six systems (including five production systems), although this excludes an order for a production system for Europe announced on 8 January plus a major order for three production systems for Asia announced on 24 January.
The consolidated order book hence fell by 12% from €29.9m at the end of 2022 to €26.3m at the end of 2023.
Outlook for 2024
Given the composition of the order book, and the outlook for orders to be delivered in 2024, Riber is forecasting further full-year revenue growth.
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