Siltronic AG annual general meeting

At the Annual General Meeting of Siltronic AG, held in Munich on May 9, 2017, the company’s shareholders approved the agenda items by a broad voting majority. Approximately 74 percent of Siltronic AG share capital was represented at the Annual General Meeting. The actions of the members of the Siltronic AG Executive and Supervisory Boards were endorsed, and by another resolution, KPMG AG Wirtschaftsprüfungsgesellschaft, Munich, was appointed as auditor for financial year 2017.

In his presentation to shareholders, CEO Dr. Christoph von Plotho gave a comprehensive review of financial year 2016 and discussed the outlook for 2017.

He said: “2016 was a successful year for Siltronic. Demand for our wafers rose from quarter to quarter. In the third and fourth quarters, our 300mm and 200mm production lines were fully loaded.” The high demand enabled the company to implement in part substantial price increases for 300mm wafers starting in the first quarter of 2017. Prices for 200mm wafers increased as well.

Von Plotho discussed plans to invest roughly EUR 100 million in measures aimed at keeping the company competitive. He commented: “Since 2010 we have achieved a more than 40 percent reduction in variable production cost for 300mm wafers. At the same time, several production lines have reached record productivity, in 2015 and again in 2016. And we continue in our efforts to improve these results further.”

Siltronic started well into 2017, recording sales of EUR 258 million and an EBITDA of around EUR 53 million. The 300mm and 200mm production lines remain at full capacity. The company posted a solid net profit of EUR 17 million for the first quarter of 2017 and earnings per share of EUR 0.56.

Von Plotho described the market environment as favorable in 2017, citing the trend toward more powerful, energy-saving chips, which will remain in place for years to come. This means that the semiconductor industry will require high-quality wafers. “Siltronic is always among the best when it comes to design rule development” von Plotho declared.

Detailed voting results and a transcript of the speech by Siltronic AG CEO Dr. Christoph von Plotho are available at under Investor Relations -> Annual General Meeting.

This website uses cookies to ensure the best experience on our website and to analyze the use of the website. You can change the settings at all times in "Manage settings".

Cookies and related technologies on this site

Please select YES or NO for each category before submitting your selection!

Please select if this website may use cookies or related technologies such as web beacons, pixel tags and flash objects ("cookies") as described below. You can learn more about how this site uses cookies and related technologies by reading our privacy policy below.


These cookies guarantee the correct operation of the site. Also called consent-free cookies or first party cookies.

The providers using cookies on this site are listed below. Where possible, you can choose to allow certain cookies on this site.

Name Provider
Name: TYPO3 backend
Provider: Siltronic AG

Cookies that are required and set for the use of the TYPO3 backend access.

Name: User controlled
Provider: Siltronic AG

Cookies, which are required and set for the basic function of our site.

Name: Google Tag Manager
Provider: Google Ireland Limited

The Google Tag Manager manages the JavaScript and HTML tags required for the use of tracking and analysis tools. The Google Tag Manager does not set any cookies itself.

Analytical cookies

These cookies collect anonymous information about how a website is used, e.g. how many visitors visit which pages. This is intended to improve the performance of the website and the user experience.

The providers using cookies on this site are listed below. Where possible, you can choose to allow certain cookies on this site.

Name Provider
Name: Google Analytics
Provider: Google LLC

With Google Analytics we collect anonymized user data that help us to improve the user experience on our website. To do this, we analyze usage statistics, e.g. Pageviews and clicks.