Soitec: H1 results soar.
(CercleFinance.com) - Unveiled after trading on Wednesday, Soitec H1 2017/18 results included net income of 23.
2 million euros, up sharply from the 3.1 million euros generated at the same time last year.
Meanwhile, net income from continuing operations came in at 24.4 million euros, a 12-fold increase compared to H1 2016/17.
Soitec still targets 25% growth in revenues at constant exchange rates, along with an EBITDA margin of around 25% for its Electronics division.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
2 million euros, up sharply from the 3.1 million euros generated at the same time last year.
Meanwhile, net income from continuing operations came in at 24.4 million euros, a 12-fold increase compared to H1 2016/17.
Soitec still targets 25% growth in revenues at constant exchange rates, along with an EBITDA margin of around 25% for its Electronics division.
Copyright (c) 2017 CercleFinance.com. All rights reserved.