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Soitec SA (SOIT.PA)

SOIT.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Soitec H1 ‍current Operating Income Up 139% To EUR 22.5 Million​
Thursday, 30 Nov 2017 02:12am EST 

Nov 30 (Reuters) - SOITEC SA ::ANNOUNCED ON WEDNESDAY SOITEC: SOITEC REPORTS FIRST HALF '18 RESULTS.‍SOLID GROWTH IN H1 REVENUES: UP 26% AT CONSTANT EXCHANGE RATES TO EUR 143M​.H1 ‍CURRENT OPERATING INCOME UP 139% TO EUR 22.5M​.H1 ‍NET RESULT REACHED EUR 23.2M VERSUS EUR 3.1M IN H1'17.‍H1 ELECTRONICS EBITDA MARGIN UP TO 24.4% OF SALES FROM 16.5% IN H1'17​.‍FY'18 OUTLOOK: AROUND 25% REVENUE GROWTH AT CONSTANT EXCHANGE RATES​.‍FY'18 SALES ARE EXPECTED TO GROW BY AROUND 25% AT CONSTANT EXCHANGE RATES​.FY’18 ELECTRONICS EBITDA1 MARGIN2 IS EXPECTED TO REACH AROUND 25%‍​.‍THIERRY SOMMELET AS NEW CHAIRMAN OF BOARD​.‍THIERRY SOMMELET ELECTED NEW CHAIRMAN OF BOARD FOR A TRANSITION PERIOD EXPIRING AT SHAREHOLDERS' GENERAL MEETING THAT IN 2018​.  Full Article

Soitec Q2 revenue up at 73.3‍​ million euros
Wednesday, 18 Oct 2017 11:45am EDT 

Oct 18 (Reuters) - SOITEC SA ::Q2 REVENUE EUR 73.3‍​ MILLION VERSUS EUR 56.7 MILLION YEAR AGO.EXPECTS 25 PERCENT REVENUE GROWTH AT CONSTANT EXCHANGE RATE FOR FY 2017/2018.  Full Article

Soitec confirms FY revenue growth target of 25 percent at constant exchange
Wednesday, 18 Oct 2017 11:45am EDT 

Oct 18 (Reuters) - SOITEC SA ::Q2 REVENUE EUR 73.3‍​ MILLION VERSUS EUR 56.7 MILLION YEAR AGO.CONFIRMS FY REVENUE GROWTH TARGET OF 25 PERCENT AT CONSTANT EXCHANGE RATES AND ELECTRONICS EBITDA MARGIN DIVISION OF ABOUT 25 PERCENT.  Full Article

Gglobalfoundries and Soitec enter into long-term supply agreement on FD-SOI wafers​
Tuesday, 19 Sep 2017 01:00pm EDT 

Sept 19 (Reuters) - SOITEC SA ::‍GLOBALFOUNDRIES AND SOITEC ENTER INTO LONG-TERM SUPPLY AGREEMENT ON FD-SOI WAFERS​.‍GLOBALFOUNDRIES AND SOITEC ENTERED INTO A FIVE-YEAR AGREEMENT​.  Full Article

Soitec announces the successful early amortization of its 2018 OCEANES
Wednesday, 9 Aug 2017 01:30am EDT 

Aug 9 (Reuters) - SOITEC SA ::REG-SOITEC: SOITEC ANNOUNCES THE SUCCESSFUL EARLY AMORTIZATION OF ITS 2018 OCEANES WITH A 98.74% CONVERSION RATE.EARLY REDUCTION OF DEBTS BY EUR 41.8 MILLION AND EQUITY REINFORCEMENT BY NEARLY SAME AMOUNT.SHARE CAPITAL INCREASED BY 3.48%.PROCESS GIVES TO SOITEC OPPORTUNITY TO HAVE A POSITIVE NET CASH POSITION.  Full Article

Soitec elects Victoire de Margerie as Chairman of Board of Directors
Thursday, 27 Jul 2017 02:42am EDT 

July 27 (Reuters) - SOITEC SA ::VICTOIRE DE MARGERIE HAS BEEN ELECTED AS CHAIRMAN OF BOARD OF DIRECTORS.‍PAUL BOUDRE REMAINS IN CHARGE OF EXECUTIVE MANAGEMENT OF COMPANY AS CHIEF EXECUTIVE OFFICER​.  Full Article

Soitec Q1 revenues reach 69.6 million euros
Wednesday, 19 Jul 2017 11:45am EDT 

July 19 (Reuters) - SOITEC SA ::REG-SOITEC : SOITEC REPORTS FY'18 FIRST QUARTER REVENUES.‍Q1'18 REVENUES REACHED EUR 69.6M, UP 22% AT CONSTANT EXCHANGE RATES COMPARED WITH Q1'17​.‍FY'18 EXPECTATIONS UNCHANGED​.  Full Article

Soitec implements early amortization of its 2018 OCEANEs for an amount of 41.8 million euros
Friday, 7 Jul 2017 11:40am EDT 

July 7 (Reuters) - Soitec Sa ::REG-SOITEC : SOITEC IMPLEMENTS THE EARLY AMORTIZATION OF ITS 2018 OCEANES FOR AN AMOUNT OF €41.8 MILLION AND CONTINUES ITS DEBT RELIEF PROCESS.  Full Article

Soitec recorded a net profit of 8.4 million euros in FY 2017
Wednesday, 14 Jun 2017 11:45am EDT 

June 14 (Reuters) - SOITEC SA ::RECORDED A NET PROFIT OF 8.4 MILLION EUROS IN FY'17, COMPARED WITH A NET LOSS OF 72.2 MILLION EUROS IN PREVIOUS FINANCIAL YEAR.FY OPERATING INCOME TOTALED 19.5 MILLION EUROS, COMPARED WITH AN OPERATING LOSS OF 7.0 MILLION EUROS IN PREVIOUS FINANCIAL YEAR.CONSOLIDATED FY'17 REVENUES CAME TO 245.7 MILLION EUROS, A 5% INCREASE (+4% AT CONSTANT EXCHANGE RATES), COMPARED WITH PREVIOUS FINANCIAL YEAR.FY'18 SALES ARE EXPECTED TO GROW BY AROUND 25%.FY'18 ELECTRONICS EBITDA MARGIN IS EXPECTED TO REACH A MINIMUM OF 20%.  Full Article

Soitec Q4 revenue up at 70.5 million euros
Wednesday, 19 Apr 2017 11:55am EDT 

April 19 (Reuters) - Soitec SA ::Q4 revenue 70.5 million euros ($75.4 million) versus 65.4 million euros year ago.FY revenue 245.7 million euros versus 233.2 million euros year ago.For FY 2016-17 expects at least 16.5 percent EBITDA margin of Electronics division.For Q1 2017-2018, expects revenue growth of at least 20 percent at constant exchange rates in comparison to Q1 of FY 2016-2017.  Full Article

BRIEF-Soitec H1 ‍current Operating Income Up 139% To EUR 22.5 Million​

* ANNOUNCED ON WEDNESDAY SOITEC: SOITEC REPORTS FIRST HALF '18 RESULTS