Soitec reports full year ’18 results

• Solid growth in sales: up 31% at constant exchange rates to € 310.6m
• Current operating income up 143% to € 67.4m
• Electronics EBITDA^[1] margin^[2] up to 29.2% of sales from 16.7% in FY’17
• Net result reached € 86.5m versus € 8.4m in FY’17
• Equity further strengthened to € 279m and net cash position³ of € 41.7m
• FY’19 outlook: sales growth at constant exchange rates expected above 35% and Electronics EBITDA¹ margin² expected around 27%
• Planned capex of approximately €120m in FY’19

^{[1] 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 indicator 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 / Sales.}

^{3 The net cash position represents Cash and cash equivalents less financial debts. Net debt represents financial debts less cash and cash equivalents.}