RIBER

2023 FIRST-HALF EARNINGS

 

 

 

 

2023 FIRST-HALF EARNINGS

 

• Half-year revenues growth (+32%) driven by dynamic systems business (+192%)

• Increased gross margin (+€1.1m) and improved operating income

• Solid order book: €30.5m at June 30, 2023

• Changes in corporate governance

 

Bezons, September 21, 2023 - 8:00am - RIBER, a global market leader for semiconductor industry equipment, is releasing its earnings for the first half of 2023.

(€m)	H1 2023	H1 2022	Change
Revenues Systems revenues	12.2 8.5	9.2 2.9	+32%
			+192%
Services and accessories revenues	3.6	6.3	-42%
Gross margin % of revenues	3.9 32.3 %	2.8 30.9 %	+39%
Operating income % of revenues	(1.1) (9.3 %)	(2.1) (23.1 %)	+46%
Net income % of revenues	(1.2) (10.2 %)	(1.6) (17.0 %)	+21%

Key developments

 

In the first half of 2023, despite an uncertain macroeconomic environment, revenues from the MBE systems business grew strongly, reflecting RIBER's strengthened market positions, particularly in the production systems sector. Revenues from services and accessories declined due to lower demand from Asian markets.

Revenues

In this context, revenues for the first half of 2023 came to €12.2m, up +32% compared with the first half of 2022. Systems revenues rose by +192% to €8.5m, while revenues for services and accessories were down
-42% to €3.6m.

 

Earnings

 

The company points out that first-half earnings cannot be extrapolated over the full year due to the lower seasonality of revenues in the first half of the year.

 

The first-half gross margin came to €3.9m, representing 32.3% of revenues.

 

Operating expenditure increased slightly due to continuous R&D effort (€1.9m; +7%), while sales, marketing and administrative costs are stable overall.