Soitec reports FY’21 second quarter revenues

  • Q2’21 revenues reached €141m, up 3.5% at constant exchange rates and perimeter[1] versus Q2’20
  • H1’21 revenues were stable at constant exchange rates and perimeter[1] compared with H1’20, reaching €254m
  • FY’21 guidance confirmed: sales expected to be stable at constant exchange rates and perimeter[1] and Electronics EBITDA[2] margin[3] expected around 30%.

Analysts conference call to be held in English on Thursday 22nd October at 8:00 am CET

To listen this conference call, the audiocast is available live and in replay at the following address: https://channel.royalcast.com/soitec/#!/soitec/20201022_1

[1] At constant exchange rates and comparable scope of consolidation; scope effect only applies to Q1; it is related to the acquisition of EpiGaN N.V. in May 2019; there was no scope effect in Q2; EpiGaN N.V. was renamed Soitec Belgium N.V. in July 2020; its revenues are 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. 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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