Soitec: the objectives for the 2022-2023 financial year are confirmed


(CercleFinance.com) – Turnover amounted to 268 ME in the 2nd quarter of 2022-2023, up 39% in published data and 28% at constant scope and exchange rates.

“This performance is the result of sustained growth in each of the three end markets: Mobile Communications, Automotive & Industrial and Smart Devices,” the group said.

Revenue for the 1st half of 2022-2023 was up 18% at constant scope and exchange rates at €471 million.

“The objectives for the 2022-2023 financial year are confirmed: expected turnover up around 20% at constant scope and exchange rates, and expected EBITDA margin around 36%” indicates the group.

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