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Weak demand affects Siltronic AG's earnings in H1 2024, as expected – sales in Q2 slightly above previous quarter (News)

Sales in H1 2024 down 14.0 percent to EUR 694.8 million on a half-year comparison, Q2 at EUR 351.3 million, up 2.3 percent compared to the previous quarter EBITDA margin remains solid at 26.1…

Siltronic AG celebrates the inauguration of the new fab in Singapore (News)

Singapore, June 12, 2024 – Today marks a milestone in the history of Siltronic AG: After more than 500 construction days and roughly 23 million working hours, Siltronic inaugurated one of the world’s…

Siltronic Portland powers forward: New solar field will contribute to the company’s climate targets (News)

Portland, May 17, 2024 – Siltronic Portland proudly announces the inauguration of its state-of-the-art solar field on May 16, 2024. This marks a milestone in the company's commitment to…

Annual General Meeting approves dividend of EUR 1.20 per share (News)

Munich, May 13, 2024 – At today's Annual General Meeting of Siltronic AG, the Executive Board and Supervisory Board looked back on a challenging financial year 2023. The continued weak demand, mainly…

As expected, Siltronic's Q1 2024 earnings continue to be impacted by weak demand due to elevated customer inventories (News)

Sales compared to the previous quarter decreased by 3.7 percent to EUR 343.5 million, mainly due to product mix shifts EBITDA margin improved from 25.5 percent to 26.4 percent quarter-on-quarter…

Siltronic ends wafer production for "small diameters" (News)

Munich, March 22, 2024 – Siltronic AG (MDAX/TecDAX: WAF) plans to gradually cease production of polished and epitaxial small diameter wafers at its Burghausen site. The process, which excludes…

Siltronic expands its Executive Board: Klaus Buchwald becomes Chief Operating Officer (News)

Munich, Germany, March 12, 2024 – Effective August 1, 2024, the Supervisory Board has appointed Klaus Buchwald to the Executive Board of Siltronic AG. The 55-year-old will assume the position of…

Siltronic stands its ground in 2023 despite difficult market environment – Financial year 2024 still characterized by weak demand (News)

Sales decline to EUR 1,513.8 million and EBITDA to EUR 433.9 million in 2023 – EBITDA margin with 28.7 percent sustaining a good level Outlook for 2024 characterized by continued weak demand:…

Siltronic announces forecast for financial year 2024 and dividend proposal of EUR 1.20 for financial year 2023 (News)

Group sales and EBITDA margin before ramp costs for 2024 expected in the region of previous year's level Commissioning in Singapore leads to substantial ramp costs No impact on…

Siltronic achieves annual targets for 2023 (News)

Preliminary 2023 sales of EUR 1,514 million, 16 percent below prior year as expected (forecast: -15 to -17 percent) Preliminary EBITDA of EUR 434 million – EBITDA margin reaches 29 percent…

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