Soitec publishes presentation for 2026 annual general meeting

• Soitec AGM presentation flagged a sharp downturn in FY25-26, driven by customer inventory correction and deliberate factory underloading to protect cash.
• Revenue EUR 592 million, down 30% year on year at constant scope and FX; gross margin 16.3%; recurring operating result EUR -8 million.
• Free cash flow swung to EUR 63 million from EUR -23 million; capex cut to EUR 135 million; net debt EUR 56 million; leverage 0.4x.
• Outlook calls for Q2 FY26-27 revenue growth above 30% year on year at constant scope and FX; capex guided around EUR 100 million.
• Strategic focus on AI exposure via Photonics-SOI growth; cost-reduction program underway while R&D kept protected.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Soitec SA published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.