RIBER: 2024 First-Half Business Performance

RIBER, the leader in molecular beam epitaxy (MBE) equipment for the semiconductor industry, reported a 13% increase in revenues for the first half of 2024, reaching €13.7 million. This growth was driven by a 10% rise in systems revenues to €9.4 million and a 19% increase in services and accessories revenues to €4.3 million.

The company's order book at the end of June 2024 was up 18% to €36 million, including a 27% increase in systems orders to €30.2 million despite a high level of invoicing for services and accessories, which saw a 14% decline in the order book to €5.8 million.

The first half of the year saw RIBER deliver three machines, compared to four in the same period last year. The breakdown of half-year revenues was 28% from Europe, 67% from Asia, and 5% from North America.

RIBER anticipates continued growth in revenues and earnings for the full year, driven by new orders and ongoing opportunities in the semiconductor market, fueled by innovation. The company will publish its first-half earnings on September 25, 2024.