PRESS RELEASE
2022 FULL-YEAR REVENUES
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2022 full-year revenues of €27.8m strongly impacted by difficulties sourcing electronic components
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Order book up +102% to €29.9m at end-2022 and historic level of system orders at €24.6 million
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Outlook for revenue growth of over +35% in 2023
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Governance team expanded: new Executive Board member appointed
Bezons, January 31, 2023 – 8am – RIBER, a global market leader for MBE equipment serving the semiconductor industry, is reporting its full-year revenues for 2022.
Change in revenues
| €m | 2022 | 2021 | Change |
| First quarter | 2.4 | 3.2 | -25% |
| Second quarter | 6.8 | 6.0 | +13% |
| Third quarter | 3.0 | 6.6 | -55% |
| Fourth quarter | 15.6 | 15.4 | +2% |
| Full-year | 27.8 | 31.2 | -11% |
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| €m | 2022 | 2021 | Change |
| Systems | 14.8 | 17.4 | -15% |
| Services and accessories | 13.0 | 13.8 | -6% |
| Full-year | 27.8 | 31.2 | -11% |
MBE systems revenues came to €14.8m, down 15%. Six MBE systems, including four production units, were delivered over the year, compared with eight systems, including four production units, in 2021. Despite the Company’s efforts to resolve the supply chain disruption affecting electronic components, the delivery of two research systems, representing an amount of €2.9m, had to be deferred to 2023.
Revenues for services and accessories totaled €13m, down 6% versus a historically high basis for comparison. This change primarily reflects the deferral to 2023 of the delivery of a major accessories order because of supply tensions and delays.
2022 full-year revenues came to €27.8m, down 11% from 2021, with the following breakdown: 23% in Europe, 72% in Asia, and 5% in North America.
Order book developments
| At December 31 (€m) | 2022 | 2021 | Change |
| Systems | 24.6 | 7.9 | +212% |
| Services and accessories | 5.3 | 6.9 | -23% |
| Full-year | 29.9 | 14.8 | +102% |
The order book at December 31, 2022 represented €29.9m, with 102% year-on-year growth.
Orders for MBE systems are up 212% to €24.6m and include 11 systems. This order book does not include the option to buy announced on June 8, 2022 covering four production machines for which the firm orders will be confirmed in 2023 when the export license is obtained.
Orders for services and accessories are temporarily down at the end of 2022.
Outlook
Factoring in the deferral of two machine deliveries to 2023 and the increase in the order book, RIBER is forecasting 2023 full-year revenues of approximately €40m, up by at least 35% compared with 2022.
With very buoyant market trends and a strong prospect pipeline, the order intake levels are expected to remain robust in 2023.
Appointment of Mr. Christian Dupont as Vice-Chairman of the Executive Board
RIBER’s Supervisory Board met on January 25, 2023, chaired by Ms Annie Geoffroy. As proposed by the Appointments and Compensation Committee, it appointed Mr Christian Dupont as a member and Vice-Chairman of the Company’s Executive Board from February 6, 2023.