X-Fab Silicon: EPS more than tripled in 2023
Sales rose by 23% to $906.8 million, with revenues from its flagship segments (automotive, industrial and medical) increasing by 31% to represent 91% of the total.
For 2024, the Belgian mixed-signal/analog and MEMS foundry group, which manufactures silicon wafers, anticipates sales in the range of $900 to $970 million, with an EBITDA margin of between 25% and 29%.
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