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Soitec: FY sales exceed $1bn for first time

( - The semiconductor equipment supplier Soitec has reported Q4 2021/22 sales of 282 million euros, up 53% y-o-y at constant exchange rates.

As a result, FY 2021-2022 sales exceeded $1bn for the first time, at 863 million euros, up 50% at constant exchange rates, slightly above the guidance of around 45%.

Soitec expects sales for 2022-2023 to grow by approximately 20% LFL, with an EBITDA margin of approximately 35.5% above the previous estimate of 34%

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