(CercleFinance.com) – Soitec confirms its revenue target of approximately US$2.1 billion for the 2025-2026 financial year.
‘The expected growth 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 across beyond SOI substrates (SmartSiC, POI and, to a lesser extent, GaN)’ indicates the group.
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.
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.