(Boursier.com) — Soitec confirms its strategic roadmap for 2025-2026 on the occasion of its Capital Markets Day. The group is thus targeting a turnover of around 2.1 billion dollars for the 2025-2026 financial year. The growth expected between fiscal years 2023-2024 and 2025-2026 will be based on the growth of the semiconductor market which will have a favorable impact on each of Soitec’s three end markets, as well as on the adoption of new innovative substrates beyond SOI substrates (SmartSiC, POI and, to a lesser extent, GaN).
EBITDA should double in absolute value and reach approximately 40% of sales (based on a Euro/US Dollar exchange rate of 1.10), thanks to strong operating leverage and products with higher added value, while Soitec will continue to invest significantly in innovation.
To support its future growth, the cumulative amount of investments dedicated to increasing industrial capacities and innovation should reach approximately 1 billion euros over the period covering the 2023-2024 to 2025-2026 financial years, while the return on capital employed (after tax) should improve from 20% in 2022-2023 to around 25% in 2025-2026.
Soitec’s strong ambitions are supported by solid financial fundamentals and a healthy balance sheet at the end of the 2022-2023 financial year.
Pierre Barnabé, CEO of Soitec, said: “We are on track to achieve our objectives for 2025-2026 and ready to extend our ambitions for sustainable value creation beyond. Technological megatrends will continue to fueling massive demand for semiconductors, driving greater adoption of innovative substrates. By continuing to expand our product and technology portfolio, we anticipate a tripling of the size of our addressable markets by 2030, creating a unique opportunity strengthen our global leadership in advanced substrates and thus capture a larger share of the semiconductor market I am confident in the ability of our experienced, diverse and tight-knit management team to capitalize on Soitec’s strengths , namely its world-class expertise, its innovation track record and its critical positioning in the value chain.In addition, our solid financial fundamentals provide us with a solid foundation to invest in our future growth, expand the scope of our innovation and increase our industrial footprint”
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