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BRIEF-Soitec's H1'17 consolidated revenues rise to 112.1 million euros
December 8, 2016 / 7:13 AM / 10 months ago

BRIEF-Soitec's H1'17 consolidated revenues rise to 112.1 million euros

Dec 8 (Reuters) - Soitec SA :

* Consolidated H1‘17 revenues came to 112.1 million euros ($120.65 million), a 3 pct increase (+4 pct at constant exchange rates), compared with previous financial year

* H1‘17 current operating income came to 9.4 million euros, compared with a current operating income of 7.9 million euros in the previous financial year

* H1 net profit 3.1 million euros versus loss of 42.8 million euros year ago

* Outlook FY‘17: low single-digit revenue growth at constant exchange rates and H2‘17 EBITDA margin for electronics in the same order of magnitude as H1‘17 (16.5 pct)

* Beyond FY‘17, further sales and EBITDA gradual increase is expected Source text for Eikon: Further company coverage: ($1 = 0.9291 euros) (Gdynia Newsroom)

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