November 15 (Reuters) – Soitec SA:
* TURNOVER FOR THE 2ND QUARTER 2023-2024 REACHED 245 MEUR, DOWN 7% AT CONSTANT SCOPE AND CHANGES COMPARED TO THE 2ND QUARTER 2022-2023
* EBITDA MARGIN IN H1 REACHED A SOLID LEVEL OF 33% WHILE THE GROUP MAINTAINED SIGNIFICANT INVESTMENTS IN RESEARCH AND DEVELOPMENT
* REVISION OF THE OUTLOOK FOR THE 2023-2024 FINANCIAL YEAR: ANNUAL TURNOVER IS EXPECTED TO DECREASE BY A PERCENTAGE OF APPROXIMATELY “MID-SINGLE DIGIT” AT CONSTANT SCOPE AND EXCHANGE RATES AND THE EBITDA MARGIN AROUND 35%
* “AFTER THIS YEAR OF TRANSITION, WE WILL RESUME OUR GROWTH TRAJECTORY”-DG Original text on Eikon For more details, click (Editor from Gdansk)
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