Soitec says it expects sales for the 2024-25 financial year to be stable on a like-for-like basis, 'with potential upside if RF activity recovers earlier than expected, and with a strong seasonality effect during the year'.

Sales for the first half of 2024-25 are expected to decline by around 15% organically and year-on-year, before rebounding in the second half. The EBITDA margin for the year is expected to be around 35%.

For the 2023-24 financial year, the semiconductor materials supplier confirms that it expects sales to fall by around 10% organically and an EBITDA margin of around 34%, in line with the guidance given on February 7.

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