Soitec Capital Markets Day: Expanding our sustainable value-creation model
- Soitec confirms its FY’26 strategic roadmap: revenue expected around US$2.1bn and EBITDA[1] margin[2] around 40%[3], 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
Bernin (Grenoble), France, June 8, 2023 – Soitec (Euronext Paris), a world leader in the design and manufacture of innovative semiconductor materials, is today hosting its 2023 Capital Markets Day in Paris. Chief Executive Officer Pierre Barnabé, with his management team, will provide an update on the execution of Soitec’s FY’26 strategic plan and share his vision for expanding Soitec’s sustainable value-creation model beyond FY’26.
Pierre Barnabé, Soitec CEO, commented: “We are on track to deliver our objectives for fiscal year 2025-26 and ready to expand our sustainable value-creation ambitions beyond. Technology megatrends will continue to fuel massive demand for semiconductors, driving higher adoption of engineered substrates. By further broadening our product and technology portfolios, we expect our total addressable markets to triple by 2030, creating a unique opportunity to strengthen our global leadership in engineered substrates and capture a higher share of the semiconductor market. I am confident in the ability of our experienced, diverse and streamlined management team to capitalize on Soitec’s industry-leading expertise, strong innovation roadmap and critical value-chain positioning. Moreover, our robust financial fundamentals provide us with a strong platform to invest in future growth, expanding our innovation and industrial footprint.”
“With this vision in mind, we are committed to leveraging our model to create value for all our stakeholders. Through innovation and across our operations, we are contributing to the transition towards a sustainable economy. Our governance practices are aligned with industry-leading standards. We are fully engaged to deliver a compelling and sustainable growth story towards 2030, and excited about the challenge that lies ahead,” added Pierre Barnabé.
[[1]] The EBITDA represents operating income (EBIT) before depreciation, amortization, impairment of non-current assets, non-cash items relating to share-based payments, provisions for impairment of current assets and for contingencies and expenses, and disposals gains and losses. This alternative indicator of performance is a non-IFRS quantitative measure used to measure the company’s ability to generate cash from its operating activities. EBITDA is not defined by an IFRS standard and must not be considered an alternative to any other financial indicator.
[[2]] EBITDA margin = EBITDA from continuing operations / Revenue.
[[3]] EBITDA margin target of 40% is based on 1.10 Euro/ US Dollar exchange rate.
Soitec will host a Capital Markets Day in Paris on June 8th, 2023, at 2:00pm CET. FY’23 results will be presented during this analysts and investors meeting, to be held in English.
The live webcast and slide presentation will be available on: