Silicon On Ins Unsp/Adr (SLOIY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Soitec Half-Year Results 2025-2026 presentation. Today's conference will be hosted by Pierre Barnabé, Chief Executive Officer, Albin Jackmont, Chief Financial Officer, Steve Boborek, EVP, Chief Strategy Officer, and Alexander Petivary, Head of Investor Relations. For the first part of the conference, the participants will be on listen-only mode. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now I will hand the conference over to Pierre Barnabé to begin today's conference. Please go ahead. Hi everyone and welcome to Soitec H126 Results Conference. I'm Pierre Barnabé, Soitex CEO, and I'm very pleased to be with you today, as well as with Albain Jacquemont, our Chief Financial Officer, Steve Beverick, Chief Strategy Officer, and Alexandre Petrovary, Head of Investor Relations. Before we begin, please take a moment to read the disclaimer included in this presentation. We have a lot to cover today, but before we start the formal presentation, let me share a few words about the current fiscal year. Fiscal year 26 is a special year for Soitec. As you know, I have decided to leave the company at the end of March after four years, and I personally recruited Albin as our new CFO giving him a clear mandate to strengthen our financial discipline and clean up our balance sheet. This job has already been done and done very well. H126 reflects that discipline and the priorities we set back in May, meaning focus on what we can control give absolute priority to cash, and take deliberate, sometimes tough, actions to correct inventories and improve cash conversion. These actions have been fully launched, but their impact has just started to materialize. We are being methodical and sequen...