Soitec: Q3 sales up 9.9%
(CercleFinance.com) - Late on Wednesday, high performance semiconductor maker Soitec announced Q3 2020-2021 consolidated sales of 148.
7 million (to 31 December 2020), up 9.9% from the 135.3 million euros in Q3 2019-2020.
This includes 14.7% LFL growth and a 4.8% negative FX impact, the group said.
Paul Boudre, Soitec's CEO, said, "As expected, this quarter confirmed the rebound in sales we had already experienced in the previous quarter. We continue to be well on track to achieve flat organic full-year sales".
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