SOITEC UNVEILS ITS STRATEGY FOR 2026 AND ITS TARGET TO TRIPLE ITS REVENUE
Soitec estimates that the size of its addressable markets will increase 2.5-fold by fiscal year 2025-2026.- Market growth will be driven by multiple waves of technological change that will shape a more connected, energy-efficient and smarter world.
- At the heart of these changes,
Soitec is targeting to triple its revenue over the next five years and to deliver an Electronics1 EBITDA2 margin of around 35%. Soitec reiterates its commitment to make sustainable development a central part of its value creation strategy.
Bernin (Grenoble),
Paul Boudre, Soitec’s Chief Executive Officer:
“As a recognized key technology player in the semiconductor industry,
This model obviously gives us a clear view of the growth outlook for our addressable markets, and especially of the decisive role that our substrates are playing in driving the burgeoning momentum in our end markets, whether it be mobile communications, automotive and industry, or smart devices. In light of the increasing number of applications and ever larger material foortprint for each product and application, we are confident in the ability of our organization to scale up further over the next five years. We are targeting to triple our revenue over this period, while growing our EBITDA margin by more than four percentage points. Our solid financial position also gives us the means to expand our production capacities to keep pace with this growth push.
Lastly, we are determined that this process of value creation will be part of our wider sustainability strategy at all levels of our organization. Thanks to products that offer ever greater energy efficiency,
After having delivered a 2.5-fold increase in its revenue over the past five years,
Since its 2019 Capital Markets Day,
From an operational perspective,
From a business perspective, the Group has seen organic revenue growth of almost 30% over the past two years, despite the economic slowdown caused by the health crisis.
The Group also expects to see its EBITDA margin widen from 30.7% at the end of
Financial outlook
- For fiscal year 2025-2026,
Soitec is targeting revenue of approximatelyUS$2 billion and an Electronics2 EBITDA margin1 of around 35% based on a EUR/USD exchange rate of 1.20.
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https://channel.royalcast.com/webcast/soitec/20210610_1/
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https://www.soitec.com/en/capital-markets-day-2021
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Agenda
First-quarter 2021-2022 revenue:
Shareholders’ General Meeting:
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Disclaimer
This document is provided by
The Company’s business operations and financial position are described in the Company’s 2019-2020 Universal Registration Document (which notably includes the 2019-2020 Annual Financial Report) and in the Company’s 2020‑2021 half-year report published on
Your attention is drawn to the risk factors described in section 2.2 of the Company’s 2019-2020 Universal Registration Document.
This document contains summary information and should be read in conjunction with the 2019-2020 Universal Registration Document and the 2020-2021 half-year report.
This document contains certain forward-looking statements. These forward-looking statements relate to the Company’s future prospects, development and strategy and are based on analyses of earnings forecasts and estimates of amounts that are not yet determinable. By their nature, forward-looking statements are subject to a variety of risks and uncertainties as they relate to future events and are dependent on circumstances that may or may not materialize in the future. Forward-looking statements are not a guarantee of the Company’s future performance.
The Company’s actual financial position, results and cash flows, as well as the trends in the sector in which the Company operates, may differ materially from those contained in this document. Furthermore, even if the Company’s financial position, results and cash flows, and the developments in the sector in which the Company operates, were to be consistent with the forward-looking statements contained in this document, such elements cannot be construed as a reliable indication of the Company’s future results or development.
The Company does not assume any obligation to update or correct any forward-looking statement in order to reflect an event or circumstance that occurs after the date of this document. In addition, the occurrence of any of the risks described in section 2.2 of the 2019-2020 Universal Registration Document may have an impact on these forward‑looking statements.
This document does not constitute or form part of an offer or a solicitation to purchase, subscribe for or sell the Company’s securities in any country whatsoever. This document, or any part thereof, may not form the basis of, or be invoked in connection with, any contract, commitment or investment decision.
Notably, this document does not constitute an offer or solicitation to purchase, subscribe for or sell securities in
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About
For more information, please visit www.soitec.com and follow us on Twitter: @Soitec_EN
Investor relations: Steve Babureck +33 6 16 38 56 27 +65 9231 9735 steve.babureck@soitec.com | Media contacts: +33 1 53 32 61 51 isabelle.laurent@oprgfinancial.fr +33 1 53 32 61 27 fabrice.baron@oprgfinancial.fr |
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1 Electronics EBITDA margin = EBITDA from continuing operations divided by revenue.
2 EBITDA represents operating income (EBIT) before depreciation, amortization, non-monetary items related to share-based payments, and changes in impairment of current assets and provisions, and excludes income on asset disposals. EBITDA is an alternative, non-IFRS performance indicator used to measure the Group’s ability to generate cash from its operating activities. EBITDA is not defined by an IFRS standard and must not be considered an alternative to any other financial indicator.
Attachment
- CP SOITEC CMD21 -
UK
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