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Soitec: confirms targets for FY 2020/2021
(CercleFinance.com) - Late on Wednesday Soitec announced consolidated sales of 113.
6 million euros for Q1 2020-2021, down 4.9% year-on-year. This results from a 5.2% like-for-like decline at constant exchange rates, as well as a positive currency effect of +0.2% and a positive scope effect of +0.1%, relating to the acquisition of EpiGaN in May 2019, it said. Regarding its outlook, Soitec confirms that it expects flat revenues LFL for FY 2020-2021, with an Electronics EBITDA margin of around 30%. Copyright (c) 2020 CercleFinance.com. All rights reserved. |
19/04/2024 18:06
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