Siltronic AG

WAF

Equity

ISIN DE000WAF3001 / Valor 28423342

Xetra (2024-11-21)

EUR 47.30+1.90%

Siltronic AG
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About company

Siltronic AG is a leading global manufacturer of silicon wafers, which are essential components in the semiconductor industry for various electronic applications. With production facilities in Asia, Europe, and the USA, the company partners with major chip manufacturers and semiconductor companies to provide hyperpure silicon wafers with diameters up to 300 mm. Siltronic AG, listed on the German Stock Exchange since 2015 and included in the MDAX and TecDAX indices, employs around 4,500 people worldwide and is known for its focus on quality, precision, innovation, and growth. The company's extensive product range caters to the specific requirements of the global semiconductor industry, making Siltronic a key player in the electronics industry.

Summarized from source with an LLMView SourceSector: Technology

Quarterly Overview

In Q2 2024, Siltronic AG reported sales of EUR 351.3 million, a slight increase from EUR 343.5 million in Q1 2024 but a decrease from EUR 403.7 million in Q2 2023. For the first half of 2024, sales totaled EUR 694.8 million, down from EUR 808.2 million in the same period of the previous year.

Gross Profit and Margin

Siltronic AG's gross profit for Q2 2024 was EUR 70.6 million, marginally up from EUR 70.1 million in Q1 2024 but significantly lower than EUR 101.1 million in Q2 2023. The gross margin for Q2 2024 stood at 20.1%, compared to 20.4% in Q1 2024 and 25.0% in Q2 2023.

EBITDA and Margin

For Q2 2024, Siltronic AG reported an EBITDA of EUR 90.6 million, slightly down from EUR 90.8 million in Q1 2024 and significantly lower than EUR 118.6 million in Q2 2023. The EBITDA margin for Q2 2024 was 25.8%, compared to 26.4% in Q1 2024 and 29.4% in Q2 2023.

Net Profit and Earnings Per Share

Siltronic AG's net profit for Q2 2024 was EUR 22.4 million, down from EUR 27.7 million in Q1 2024 and EUR 61.4 million in Q2 2023. Earnings per share for Q2 2024 were EUR 0.73, compared to EUR 0.86 in Q1 2024 and EUR 1.83 in Q2 2023.

Capital Expenditure and Net Cash Flow

In the first half of 2024, Siltronic AG's capital expenditure, including intangible assets, was EUR 313.6 million, down from EUR 626.1 million in H1 2023. The net cash flow for H1 2024 was negative at EUR -252.8 million, an improvement from EUR -416.0 million in H1 2023.

Summarized from source with an LLMView Source

Key figures

-44.3%1Y

-65.3%3Y

-35.6%5Y

Performance

32.4%1Y

37.0%3Y

39.9%5Y

Volatility