In Our Soil Grows An Amazing Future

• Q1’24 revenue was at €157m, down 23% on a reported basis and down 24% at constant exchange rates and perimeter versus Q1’23
• Automotive & Industrial revenue continued to deliver sharp growth whilst Smart devices maintained double digit growth
• As anticipated, Mobile communications revenue were affected by the ongoing inventory correction across the smartphone market supply chain

• Soitec confirms its FY’26 strategic roadmap: revenue expected around US$2.1bn and EBITDA margin around 40%, leading to a doubling of EBITDA
• Expanded ambitions beyond FY’26, with sustainable development at the heart of Soitec’s value-creation strategy
• Soitec’s addressable markets to triple by 2030 fueled by fast-growing semiconductor demand, higher engineered substrates penetration and product portfolio expansion

• Revenue reached €1.1bn, up 26% on a reported basis and up 19% at constant exchange rates and perimeter
• EBITDA margin reached 36% of revenue, as expected
• Current operating income increased by 37% year on year, to €267m
• Free Cash Flow at €34m with significant investments in capacity increase

Soitec to hold its 2023 Capital Markets Day on June 8, 2023

• Q4’23 revenue reached the record level of €344m, up 22% on a reported basis and up 16% at constant exchange rates and perimeter versus Q4’22

• FY’23 annual revenue reached the strong level of €1,089m, up 26% on a reported basis compared with FY’22, or up 19% at constant exchange rates and perimeter, in line with guidance

• FY’23 EBITDA margin expected around 36% in line with the guidance

Soitec (Euronext Paris) and SAWNICS, which offers a best-in-class foundry service for Surface Acoustic Wave (SAW) filters, today announced the availability of a Process Design Kit (PDK) based on Soitec’s Connect Piezo-on-Insulator (POI) substrates.