(AOF) – Riber’s turnover as of September 30, 2023 stood at 16.2 million euros, up 33% thanks to its strengthening “in the field of MBE systems intended for production”. Systems revenue reached €9.6 million, an increase of 159% due to the delivery of 5 machines, compared to 2 machines during the first nine months of the 2022 financial year. services and accessories business amounted to 6.6 million euros, down 22%.
The order book as of September 30, 2023 stood at €33.6 million, down 14%; the equipment specialist for the semiconductor sector highlighting the high basis of comparison in 2022.
Taking into account the schedule of deliveries in the fourth quarter, Riber should record an annual turnover of around 40 million euros in 2023.
Despite a complex economic and geopolitical context, new order intake should continue until the end of the financial year, supported by a significant backlog of prospects.
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Growing market and price tensions
According to SIA, global chip sales stood at $151.7 billion in the first quarter of 2022, an increase of 23% year-on-year. Sales increased in all major regional markets and for all product categories. As global uncertainties, including the war in Ukraine and the health crisis, weigh on supply chains, demand for semiconductors continues to significantly exceed supply. Manufacturers Samsung and TSMC have announced that they will raise their prices, in a context where players in the sector have good room for maneuver and benefit from reinforced negotiating power. However, wage increases and component prices could weigh on future performance.