Soitec reports FY'19 third quarter revenues

  • Q3’19 revenues reached €117m, up 50% at constant exchange rates and perimeter1 compared with Q3’18
  • 200-mm wafer sales increased by 20% at constant exchange rates compared with Q3’18
  • 300-mm wafer sales up 114% at constant exchange rates versus Q3’18
  • First nine months of FY’19 revenues reached €304m, up 41% at constant exchange rates and perimeter1 compared with the first nine months of FY’18
  • FY’19 sales growth guidance upgraded to well above +35% at constant exchange rates and perimeter1
  • FY’19 Electronics EBITDA2 margin3 guidance confirmed at around 30%

[1] At constant exchange rates and comparable scope of consolidation; scope effects relate to the acquisitions of Frec|n|sys in October 2017 and Dolphin Integration assets in August 2018, both included in the segment Royalties and other revenues.

[2] The EBITDA represents the operating income (EBIT) 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. The impact in equity of the first time application of IFRS 15 is included in EBITDA. 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.

[3] Electronics EBITDA margin = EBITDA from continuing operations / Sales.

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