Today in Paris, France, STMicroelectronics is celebrating Capital Markets Day. ST is restating its goal of generating over $20 billion in sales and the related financial model, which it now anticipates achieving by 2030, while maintaining the same strategy.
In 2027–2028, ST is also establishing an intermediate financial model with projected revenues of about $18 billion and an operating margin between 22% and 24%.
In comparison to the existing cost base, STMicroelectronics anticipates exiting 2027 with high triple-digit million-dollar savings through the implementation of its manufacturing reshaping program and cost base shrinking project.
By doing this, the business will be able to achieve an operating margin in 2027–2028 of between 22 and 24 percent.
ST Circles Around Sustainable Growth
ST’s value strategy is still centered on profitable and sustainable growth, offering customers who are strongly committed to sustainability differentiators.
STMicroelectronics will continue to play a significant role in transforming all industries in the direction of a more intelligent, secure, and sustainable future alongside its customers and partners.
Summary table
| Intermediate model
(2027-2028) |
$20B Ambition
(By 2030) |
|
| Revenues | ~$18B | $20B+ |
| Gross Margin | ~44-46% | ~50% |
| Operating Margin | ~22-24%2 | >30% |
| Free Cash Flow1 Margin | ~20%2 | >25% |
Financials assume a currency exchange rate of approximately $1.09 = €1.00.
Full Capital Markets Days list of presenters and agenda:
The event will cover ST’s strategy, key market trends and growth opportunities, developments in manufacturing, technology and products, and value creation:
- Welcome – Jerome Ramel, Executive Vice President, Corporate Development & Integrated External Communication?
- Opening remarks – Jean-Marc Chery, President & CEO
- Analog, Power & Discrete, MEMS and Sensors Group – Marco Cassis, President, Analog, Power & Discrete, MEMS and Sensors Group, Head of Strategy, System Research and Applications, Innovation Office?
- Microcontrollers, Digital ICs and RF Products Group – Remi El-Ouazzane, President, Microcontrollers, Digital ICs and RF products Group?
- Technology & Manufacturing? – Fabio Gualandris, President, Quality, Manufacturing, & Technology?
- Financial overview – Lorenzo Grandi, President and Chief Financial Officer
- The presentations will be followed by a Q&A session.
ST’s Capital Markets Day Live Streaming From Paris
On Wednesday, November 20, from 9:00 am to 1:15 pm Central European Time (CET) or 3:00 am to 7:17 am US Eastern Time (ET), ST’s Capital Markets Day will be streamed live from Paris, France.
The presentation slides, audio, and video will all be available on STMicroelectronics website, cmd.st.com., during the live webcast.
Just before the livestream begins, all presentation materials are available for download from the website. A recording of the event will be posted on the website following its conclusion.