Soitec: sets targets for next five years
(CercleFinance.com) - At its CMD, Soitec said that it is looking for sales of around two billion dollars and an EBITDA margin in electronics of around 35% for FY 2025-26, at a euro/dollar exchange rate of $1.
20.
Over the next five years, the semiconductor materials group expects growth in its addressable markets to continue to accelerate from around three million substrates to over seven million.
"Thanks to its solid financial structure, the Group will also increase its capital spending to support its growth and strategic priorities, with a five-year capital expenditure program worth some E1.1 billion," it added.
This rosy outlook clearly pleases investors - in the first ten minutes of trading the Soitec share is up about 4.5%, leader of the pack in Paris.
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