Soitec reports first half results of fiscal year 2022

  • H1’22 revenue of €373m, up 53% at constant exchange rates versus H1’21
  • H1’22 Electronics EBITDA[1] margin[2] at 36.8% of revenue
  • H1’22 current operating income more than doubled to €75m
  • FY’22 revenue expected at around $975m, up around 45% at constant exchange rates
  • FY’22 Electronics EBITDA1 margin2 expected around 34% with a potential upside to reach around 35%
  • NOVASiC acquisition to strengthen SiC products roadmap

H1’22 results analyst and investor conference call to be held in English on the 1st of December at 8:00am CET.

The presentation will be available on the Soitec website at 8:00 a.m. (Paris time).

The live webcast and slide presentation will be available on:

[1] The EBITDA represents the current operating income before depreciation, amortization, non-monetary items related to share-based payments, and changes in provisions on current assets and provisions for risks and contingencies, excluding income on asset disposals. 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] Electronics EBITDA margin = EBITDA from continuing operations / Revenue.

[3] Audit procedures were completed and the audit report is in the process of being issued.

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