Soitec reports FY’21 first quarter revenues

  • Q1’21 revenues reached €114m, down 5% versus Q1’20
  • FY’21 guidance confirmed with sales expected to be stable at constant exchange rates and perimeter[1] and Electronics EBITDA[2] margin[3] expected around 30%
  • Wafer production has been maintained at all industrial facilities during the Covid-19 health crisis

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[1] At constant exchange rates and comparable scope of consolidation; scope effects relate to the acquisition of EpiGaN nv in May 2019, included in the caption Royalties and other revenues.

[2] The EBITDA represents the current 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. 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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