Half Year 2025 Soitec SA Earnings Call Transcript

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Nov 21, 2024

Nov 21, 2024 / 07:00AM GMT
Operator

Hello, and welcome to the Soitec H1 '25 results analyst call. My name is Saskia, and I will be your coordinator for today's event. Please note, this call is being recorded. (Operator Instructions)

I will now hand you over to Pierre Barnabe, CEO, to begin today's conference. Please go ahead.

Pierre Barnabe - Soitec SA - Chief Executive Officer, Director

Hello, everyone, and welcome to Soitec H1 '25 results conference. I'm Pierre Barnabe, Soitec's CEO, and I'm very pleased to be with you today, along with Lea Alzingre, our CFO; and Steve Babureck, our EVP, Strategy. Then let's look at the disclaimer, you know by heart. Then we have a lot to cover today. I will share the main highlights and drivers behind our H1 '25 performance, and Lea will address the financials.

Let's start with the highlights of our first semester. Our H1 '25 financial performance was in line with our expectations. Revenue reached EUR401 million, down 15% year-on-year, as we had announced at the beginning of the fiscal year. This essentially reflects significant RF-SOI under

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