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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…

Siltronic rejoins the MDAX (News)

Munich, December 18, 2023 – Due to the positive development of the market capitalization, the Siltronic share is rejoining the MDAX index today. After several months in the SDAX, the Siltronic AG…

Siltronic defines profitable growth plan until 2028 (News)

Group sales to increase to over EUR 2.2 billion and EBITDA margin in the high 30's percentage are Megatrends such as artificial intelligence (AI), digitalization and electromobility as…

Siltronic AG updates climate targets and joins the RE100 initiative (News)

Munich, November 16, 2023 – Siltronic has updated its existing climate strategy and set ambitious targets to fulfill its role in the Paris Climate Agreement. The company remains committed to…

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