(CercleFinance.com) – Soitec announces consolidated revenue of 274 million euros for the 3rd quarter of the 2022-2023 financial year (ended December 31, 2022), up 32% on a reported basis compared to the revenue of 208 million euros achieved in the 3rd quarter of 2021-2022.
This increase is the result of growth of 25% at constant scope and exchange rates combined with a positive exchange rate effect of 7%.
In the 3rd quarter of 2022-2023, Soitec recorded revenue growth of 25% at constant scope and exchange rates compared to the 3rd quarter of 2021-2022.
“This performance is the result of sustained growth in Mobile Communications and strong sales growth in both Automotive & Industry and Smart Devices,” the group said.
Soitec continues to anticipate revenue growth of around 20% at constant scope and exchange rates for the 2022-2023 financial year, and an EBITDA margin of around 36%.
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