RIBER consolidates its prospects for growth over the first nine months of 2017

Riber consolidates its prospects for growth over the first nine months of 2017

  • Revenues for the first nine months of 2017: +87%
  • Order book at end-September: +154%

Bezons, October 23, 2017 - 5:45 pm - Riber , a global market leader for semiconductor industry equipment, is reporting its revenues for the year to end-September 2017.

Change in revenues

€M 2017 2016 Change
1st quarter9.21.4+537%
2nd quarter3.35.6-41%
3rd quarter2.81.1+145%
Total 9-month revenues 15.2 8.1 +87%

€M 2017 2016 Change
Systems2.03.7-46%
Services and accessories4.13.3+25%
Cells and sources9.11.1+733%
Total 9-month revenues 15.2 8.1 +87%

At September 30, 2017, Riber 's revenues came to €15.2 million, up 87%. This strong growth reflects the high level of sales of evaporators (cells and sources) for the photovoltaic and screen industries, as well as the solid trends for sales of services and accessories.
In terms of MBE systems, two research machines were billed over nine months, compared with two machines, including one production unit, for the same period in 2016.

The breakdown of revenues for the first nine months of 2017 was as follows: 50% for Asia, 34% for Europe and 16% for North America.

Change in the order book and outlook

At September 30 (€M) 2017 2016 Change
Systems10.16.4+59%
Services and accessories5.83.1+87%
Cells and sources10.71.0+945%
Full-year 26.6 10.5 +154%

The order book at September 30, 2017 is up 154% from September 30, 2016 to €26.6 million. It includes six MBE systems (with four production machines), as well as strong growth in orders for evaporators, services and accessories following the concrete progress made on several major contracts in the third quarter. Moreover, this order book does not include the two production system orders announced in October.

In view of these elements, Riber is confirming its full-year targets, with revenues of close to €30 million for 2017 and at least €3.0 million in income from ordinary operations.

2017 full-year revenues will be released on Tuesday January 30, 2018 (after close of trading).

About Riber :
Riber designs and produces molecular beam epitaxy (MBE) systems as well as evaporation sources and cells for the semiconductor industry. This high-tech equipment is essential for the manufacturing of compound semiconductor materials and new materials that are used in numerous consumer applications, from new information technologies to OLED flat screens and next-generation solar cells.
Riber is listed on Euronext Paris (Compartment "C") and is part of the CAC Small, CAC Technology and CAC T. HARD. & EQ indices. Riber is eligible for SME share-based savings schemes.

ISIN: FR0000075954 - RIB
Reuters: RIBE.PA
Bloomberg: RIB: FP
BPI France-approved innovative company
www.riber.com

Riber
Guillaume de Bélair
tel: +33 (0)1 39 96 65 00
invest@riber.com
CALYPTUS 
Cyril Combe
tel: +33 (0)1 53 65 68 68
cyril.combe@calyptus.net



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Source: Riber via GlobeNewswire

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