Soitec reported sales of 337 ME for the 4th quarter 2023-2024, down 2% on a like-for-like basis compared with the 4th quarter 2022-2023.

Full-year sales amounted to 978 ME, down 10% on a like-for-like basis and on a reported basis, in line with the Group's latest guidance. EBITDA margin came in at 34%, also in line with the Group's latest guidance.

Net income amounted to 178 ME (vs. 233 ME for the previous year), giving a net margin of 18%.

Objectives for the 2024-2025 financial year are confirmed: Soitec anticipates stable sales on a like-for-like basis and an EBITDA margin of around 35%.

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