Siltronic AG reports strong Q3 business development

  • Production of 300 mm and 200 mm wafers has already been fully loaded for five consecutive quarters

  • Q3 sales up 9 percent on previous quarter

  • Q3 EBITDA up 46 percent on previous quarter

  • Q3 EBITDA margin of 35 percent

  • Forecast raised slightly

Following a positive H1, Siltronic AG (TecDAX: WAF) continues to report on strong business performance in Q3 2017.

As production of 300 mm and 200 mm wafers has already been fully loaded since Q3 2016 and is also close to being fully loaded for 150 mm and smaller diameter wafers, volume increases in terms of wafer area were barely possible in Q3.

"Q3 2017 proved to be strong, as we expected. Wafer demand remains at an undiminished high level. We further increased our operational excellence and marginally raised our production volumes. We achieved additional price increases for 200 mm and 300 mm wafers in Q3. Average US dollar selling prices for 300 mm wafers in Q4 2017 will be up by around 30 percent compared to Q4 2016. Based on these developments, we have decided to Page 2 of 13 2 increase our capacity in 300 mm wafers by around 70,000 wafers per month by mid-2019," notes Dr. Christoph von Plotho, CEO of Siltronic AG.

For the full version of this news release (incl. financial data), please download the PDF version.


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