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Soitec: confirms targets for 2024-2025

( - Soitec has reported Q4 2023-2024 sales of E337m, down 2% LFL and y-o-y.

FY sales reached E978m, down 10% both LFL and as reported, in line with the group's latest guidance. Its EBITDA margin came in at 34%, also in line with the group's latest guidance.

Net income was E178m (vs. E233m in the previous year), giving a net margin of 18%.

The group has confirmed its targets for FY 2024-2025: Soitec anticipates flat sales LFL and an EBITDA margin of around 35%.

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