Consolidated sales of 372.0 million Euros and growth of 41.5% reported for the year 2006-2007
• Q4 sales totalled 97.1 million Euros with growth of 25.6%
• Wafer sales recorded full year growth of 48.9% at constant exchange
• Cautious stance for short-term activity
Bernin, France, April 16, 2007 – Soitec, leader in SOI (Silicon on Insulator) wafer material today
announced consolidated sales of 97.1 million Euros for the fourth quarter of its financial year 2006-
2007. For the full year, sales totalled 372.0 million Euros, which represents growth of 41.5% over
the previous year. Wafer sales, however, grew by 48.9% on a year on year basis at constant
exchange rates. The value recorded in Q4 reflects the current weakness of the Dollar against the
Euro however Q4 wafer sales were stable sequentially excluding the exchange impact.
| Sales (in million euros) | 2006-2007 | 2005-2006 | Growth |
| Q1 | 85.6 | 51.2 | +67.1% |
| Q2 | 89.7 | 63.4 | +41.5% |
| Q3 | 99.6 | 70.9 | +40.4% |
| Q4 | 97.1 | 77.3 | +25.6% |
| Total | 372.0 | 262.8 | +41.5% |
Soitec’s financial year runs from April 1 to March 31
Q4 business in line with the current semi-conductor market environment
The Group’s sales for Q4 matched the previous quarter. This is consistent with guidance, which
reflected caution based on inventory concerns in the supply chain for the game console market.
Total wafer sales for Q4 were equal to Q3 in performance but came out 2.7% lower at 94.1 million
Euros due to the unfavourable exchange movement.
Picogiga recorded modest sequential growth in Q4 with sales of 1.7 million Euros and licensing
revenue contributed 0.8 million Euros.
Full year total wafer sales rose by 42.7%, equal to 48.9% at constant exchange rates, to 358.9 million
Euros predominantly driven by very satisfactory 300-mm growth that reached 72.9% in
performance. Sales of all other diameters recorded performance growth of 13.5%.
Picogiga, licensing and the recently acquired Tracit activity contributed respectively 8.7 million, 3.4
million and 1.0 million Euros for the year.
Expected strong increase in annual results over previous year
The Group anticipates that despite the unfavourable exchange rate ( an unfavourable Euro/Dollar
movement of 4.5% over the year), the operating margin for the year should be close to 13% of sales.
Overall results for the year will reflect the continued growth of the business and the significant
reduction in financial costs will favourably impact net profit.
The Group reiterates its cautious stance for the short-term
Faced with the uncertainty over the short-term level of demand including the continuing inventory
concerns in the supply chain the Group remains cautious with regard to the activity for the first half
of the new financial year. However this short-term prudence does not alter the bigger picture of
dynamic growth anticipated in the second half of the year resulting from new product launches by
major customers.
The Group confirms that the Singapore fab construction is completely on budget and on schedule.
Agenda
The results for the financial year 2006-2007 will be published on 9 May 2007 before the Paris Stock
Exchange opens for business.
About the Soitec Group: The Soitec Group is the world’s leading innovator and provider of the
engineered substrates that serve as the foundation for today’s most advanced electronic products and
nanotechnologies. Headquartered in Bernin, France, the company manufactures its comprehensive
portfolio of engineered substrates, including silicon-on-insulator (SOI) and strained SOI (sSOI), using
Soitec’s proprietary Smart Cut™ technology—the de facto industry standard. With its strong global
presence, patented technology and industry-leading production capacity, Soitec is helping to drive the
performance and power advantages that are key to the smaller, more power efficient, and increasingly
mobile electronic products favoured by consumers worldwide. Both shares and convertible bond are
listed on Euronext Paris.
Smart Cut and UNIBOND are trademarks of S.O.I. TEC Silicon On Insulator Technologies.
For further information, please contact:
Iain Murray
Chief Financial Officer
Tel: +33 4 76 92 75 14
Email: investors@soitec.fr
Olivier Brice
Investor Relations – Financial Communication
Tel: +33 4 76 92 93 80
Email: olivier.brice@soitec.fr