Bernin, France, November 19, 2014 – Soitec (Euronext), world leader in generating and manufacturing high
performance semiconductor materials for electronics and energy, announced today its unaudited consolidated results
for the first six months of its 2014-2015 financial year.
In the first half of the year, the Group posted consolidated sales of 106.0 million Euros, up 16.5% compared to the
first six months of last year, taking into account an unfavorable 1.6% decrease in the dollar / euro exchange rate.
The Group posted a current operating loss of 74.4 million Euros the first half of the year. After write-down of assets,
impairment charges, restructuring expenses and net financial income, the net first half year result (Group share)
shows a loss of 82.9 million Euros against a loss of 160.0 million Euros in the first half of 2013-2014.
Operating cash flow was positive at 24.6 million Euros mainly due to received payments from major solar project in
South Africa amounting to 60.0 million Euros.
The Group’s cash available resources amounted to 43.9 million Euros at the end of September 2014, almost
unchanged compared to 44.7 million Euros at the end of March 2014. Net financial debt has been significantly
reduced to 135.8 million Euros compared to 212.2 million Euros at the end of March.
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