Soitec : Promises kept once again
>Q4 lives up to very high expectations - Soitec yesterday evening reported its Q4 revenue (to end-March). Organic growth was 40% to € 204m, a quite satisfactory level in view of expectations (ODDO/consensus: € 199m/189m) and reassuring given the weaker pace in Q3 (+11%). This performance is even more impressive as it incorporates more challenging shipment conditions, especially at the end of the quarter with the Covid-19 epidemic.Over FY20 as a whole, organic gro...Soitec is a manufacturer of silicon and integrated circuits. Co. offers products based on Silicon-on-Insulator (SOI), which serves to support the manufacturing of more energy-efficient integrated circuits. Co.'s operations can be divided into three divisions: Electronics, Solar Energy and Lighting. The Electronics division manufactures and sells substrates and components intended for the microelectronics industry; the Solar Energy division manufactures and sells photovoltaic modules, designs and constructs turnkey projects, and operates photovoltaic power plants; and the Lighting division isolates resources to develop materials designed for the production of light emitting diodes.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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