RIBER

Strong growth in 2023 full-year earnings

Strong growth in 2023 full-year earnings
 

 

• Revenues: €39.3m (+41%) driven by the robust development of systems (+96%)
• Operating income: €3.9m, representing 10% of revenues
• Net income: €3.4m, representing 8.7% of revenues
• 2024 objectives: continued growth in revenues and earnings
• Proposed payout of €0.07 per share for 2023
• Proposal to simplify the governance structure

 

Bezons, April 12, 2024 - 8:00am - RIBER, the global leader for molecular beam epitaxy (MBE) equipment serving the semiconductor industry, is releasing its full-year earnings for 2023.

 

(€m - at December 31)	2023	2022	Change
Revenues	39.3	27.8	+ €11.4m
MBE systems revenues	29.0	14.8	+ €14.2m
Services and accessories revenues	10.3	13.0	- €2.7m
Gross margin % of revenues	13.2 33.7%	10.9 39.2%	+ €2.3m
Income from ordinary operations % of revenues	3.9 10.0%	1.3 4.9%	+ €2.6m
Operating income % of revenues	3.9 10.0%	0.0 0.0%	+ €3.9m
Pre-tax income % of revenues	3.6 9.1%	0.4 1.5%	+ €3.1m
Net income % of revenues	3.4 8.7%	0.2 0.6%	+ €3.2m

 

Key developments

Despite the unstable geopolitical context, RIBER achieved its revenue target in 2023, thanks to significant growth in its MBE system sales. This expansion reflects its leadership on the MBE market, particularly in the production sector, illustrated by its high order intake in 2023, including seven production systems. Although the services and accessories business decreased, the Company’s performance shows significant progress.