STMicroelectronics Unveils Annual Report for 2024 Financials
STMicroelectronics Publishes Its 2024 Annual Report
STMicroelectronics (NYSE: STM), a prominent player in the semiconductor industry, has unveiled its Annual Report on Form 20-F for the year ending December 31, 2024. This comprehensive report was submitted to the U.S. Securities and Exchange Commission (SEC), reflecting the company’s dedication to transparency and accountability in its financial practices.
Key Highlights of the Annual Report
The 2024 Form 20-F encapsulates the complete audited financial statements of STMicroelectronics based on U.S. Generally Accepted Accounting Principles (GAAP). The report is a valuable tool for investors and stakeholders looking to understand the company's financial health and strategic direction.
Accessibility of Financial Reports
The Annual Report is accessible online for all interested parties. It can be found on the official STMicroelectronics website, providing easy access to their detailed financial information. Investors are encouraged to review these documents to gain insight into the company’s performance over the past year.
Commitment to Sustainability
STMicroelectronics continues to emphasize sustainability within its operations. The company is on course to achieve carbon neutrality in its direct and indirect emissions, along with its scope 3 focus by the end of 2027. They also aim to source 100% of their electricity from renewable resources by this deadline.
About STMicroelectronics
With a workforce of approximately 50,000 dedicated professionals, STMicroelectronics stands as a leader in semiconductor technologies. The company expertly navigates the complete semiconductor supply chain and collaborates with an extensive network of over 200,000 customers and thousands of partners. This synergy allows ST to design and produce exceptional products, solutions, and ecosystems that address diverse industry challenges and promote a more sustainable future.
Innovative Technology Solutions
STMicroelectronics develops groundbreaking technologies that foster advancements in mobility, energy management, and cloud-connected autonomous systems. Their commitment to innovation not only serves their clients but also contributes to a more sustainable and efficient technological landscape.
Investor Relations Support
For any inquiries regarding their financial statements or investor information, stakeholders can reach out to Jérôme Ramel, EVP of Corporate Development and Integrated External Communication. He can be contacted by phone at +41 22 929 59 20 or through email.
Contact Information
STMicroelectronics prioritizes maintaining open communication with its investors and the media. For media inquiries, Alex Breton, Group VP of Corporate External Communications, can be reached via telephone at +33 6 59 16 79 08 or through email. This level of accessibility underscores the transparency and engagement that STMicroelectronics values in its interactions with stakeholders.
Frequently Asked Questions
What does the 2024 Annual Report of STMicroelectronics cover?
The 2024 Annual Report includes audited financial statements and information related to the company’s overall performance throughout the year.
Where can I find STMicroelectronics' financial reports?
The financial reports can be accessed on STMicroelectronics’ official website, providing comprehensive data for investors.
Who is the main contact for investor relations at STMicroelectronics?
Jérôme Ramel serves as the EVP of Corporate Development and Integrated External Communication and is the main contact for investor relations.
What sustainability goals has STMicroelectronics set?
STMicroelectronics aims for carbon neutrality and 100% renewable electricity sourcing by the end of 2027.
How does STMicroelectronics contribute to technological advancements?
The company focuses on creating smart mobility solutions, efficient energy management systems, and cloud-connected devices that lead to innovation in technology.
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