Soitec reports full year results of fiscal year 2023

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Revenue reached €1.1bn, up 26% on a reported basis and up 19% at constant exchange rates and perimeter

www.soitec.com/en/, Jun. 15, 2023 – 

• EBITDA[1] margin[2] reached 36% of revenue, as expected
• Current operating income increased by 37% year on year, to €267m
• Free Cash Flow at €34m with significant investments in capacity increase
• FY'24 guidance confirmed: revenue expected to be stable vs. FY23 at constant exchange rates and perimeter, and EBITDA1 margin2 to remain around 36%
• Soitec confirms managing its business to reach a revenue target of around $2.1 billion in FY'26 with an EBITDA1 margin2 target of around 40% (at a 1.10 Euro/ US Dollar exchange rate)

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