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SOITEC REPORTS FULL YEAR RESULTS OF FISCAL YEAR 2021


SOITEC REPORTS FULL YEAR RESULTS OF FISCAL YEAR 2021
Revenue of €584m, up 1% at constant exchange rates and perimeter
1
Electronics EBITDA
Strong Electronics net operating cash flow at €174m
FY 22 revenue now expected around $950m (or around €800m based on €/$ exchange rate of 1.2), up around 40% at constant exchange rates and
perimeter
increase
Soitec s strategic vision for the next 5 years to be unveiled during 2021 Capital Markets Day
(see separate press release to be issued on June 10
th
th
, 2021 - Soitec (Euronext Paris), a world leader in designing and manufacturing innovative semiconductor materials, today announced its full-year results for fiscal year 2021 (ended on March 31 ....

United States , France General , Steve Babureck , Soitec Euronext , Territoires Caisse , Paul Boudre , Fabrice Baron , Isabelle Laurent , Neither The Company , Strong Electronics , Soitec The Company , Companies Register , Group Share , Markets Day , Euronext Paris , Soitec Belgium , Banque Des Territoires , Qualcomm Technologies , Advanced Driver Assistance Systems , Ultra Low Power , Samsung Foundry , Science Based Targets , Dolphin Design , Soitec Led European , French Government , Capital Markets Day ,

Investegate |SOITEC Announcements | SOITEC: SOITEC REPORTS FULL YEAR RESULTS OF FISCAL YEAR 2021


th
, 2021 – Soitec (Euronext Paris), a world leader in designing and manufacturing innovative semiconductor materials, today announced its full-year results for fiscal year 2021 (ended on March 31
st, 2021). The financial statements
4 were approved by the Board of Directors during its meeting today.
Paul Boudre, Soitec’s CEO, commented:
“As expected, our fiscal year 2021 has been a transition year after close to 30% organic growth in fiscal year 2020. Despite the Covid situation, we are fully in line with our guidance, achieving a small organic growth in revenue and maintaining our
Ebitda
margin above 30%. In the meantime, we generated strong operating cash flows, which, together with the proceeds from the new convertible bonds issued last October, strengthens our cash ....

United States , France General , Steve Babureck , Soitec Euronext , Territoires Caisse , Paul Boudre , Fabrice Baron , Isabelle Laurent , Neither The Company , Strong Electronics , Soitec The Company , Companies Register , Group Share , Markets Day , Euronext Paris , Soitec Belgium , Banque Des Territoires , Qualcomm Technologies , Advanced Driver Assistance Systems , Ultra Low Power , Samsung Foundry , Science Based Targets , Dolphin Design , Soitec Led European , French Government , Capital Markets Day ,