Soitec: FY 2019-20 earnings up 22%
(CercleFinance.com) - High performance semiconductor material maker Soitec has reported FY 2019-20 consolidated revenue of 597,5 million euros, up 34.
6% y-o-y.
Gross profit reached 195.4 million euros over FY 2019-20, against 165.0 million euros in FY 2018-2019. Meanwhile, underlying operating profit rose 9% to 117.7 million euros, representing 19.7% of sales, compared to 24.4% in FY 2018-19. Operating profit reached 119.5 million euros, up 10% relative to 2018-19.
Consolidated net income reached 109.7 million euros, up 22% from 90.2 million euros in FY 2018-2019.
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6% y-o-y.
Gross profit reached 195.4 million euros over FY 2019-20, against 165.0 million euros in FY 2018-2019. Meanwhile, underlying operating profit rose 9% to 117.7 million euros, representing 19.7% of sales, compared to 24.4% in FY 2018-19. Operating profit reached 119.5 million euros, up 10% relative to 2018-19.
Consolidated net income reached 109.7 million euros, up 22% from 90.2 million euros in FY 2018-2019.
Copyright (c) 2020 CercleFinance.com. All rights reserved.