X-FAB Silicon Foundries SE (XPAR:XFAB)
€ 6.85 0.225 (3.4%) Market Cap: 894.83 Mil Enterprise Value: 796.16 Mil PE Ratio: 6.63 PB Ratio: 0.97 GF Score: 93/100

Q4 2021 X Fab Silicon Foundries EV Earnings Call Transcript

Feb 10, 2022 / 05:30PM GMT
Release Date Price: €9 (+0.33%)
Operator

Good day, and thank you for standing by. And welcome to the X-FAB fourth-quarter conference call. Currently, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. (Operator Instructions) Please be advised that today's conference is being recorded.

And I would like to hand the conference now to your first speaker today, Mr. Rudi De Winter. Please go ahead, sir.

Rudi De Winter
X-FAB Silicon Foundries SE - CEO

Thank you very much. Welcome, everyone, to the fourth-quarter and full-year reporting. We have today also Alba Morganti, CFO, in the conference room.

The revenues for the fourth quarter came in at $172 million, within the guidance, and up 27% year on year and 2% quarter on quarter. The full-year revenues were $658 million, up 38% against the previous year. We realized a new annual and quarterly sales record following five quarters of consecutive growth.

Upon digging deeper in the business, the quarterly revenues in our core markets namely automotive, industrial,

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