Siltronic Reports Steady H1 2025 Performance Amidst Challenges

Siltronic AG, a leading global wafer manufacturer, has reported a consistent performance for the first half of 2025. While sales reached EUR 674.8 million, they slightly trailed last year's figures of EUR 694.8 million. The EBITDA margin stood at 24.4%, a minor decline from 26.1% in 2024. Despite challenging conditions, Siltronic's Q2 sales were EUR 329.1 million, showing a 4.8% quarter-over-quarter decrease.

Dr. Michael Heckmeier, CEO, highlighted strategic initiatives, including significant customer qualifications at their Singapore fab and the end of small-diameter wafer production at Burghausen, as vital for future growth. The company is maintaining its guidance with adjusted exchange rate assumptions, predicting mid-single-digit percentage lower sales compared to 2024, with EBITDA margins holding steady at 21-25% for the year.

Increased wafer area sales in Q2 slightly countered negative price and exchange rate effects, resulting in an EBITDA rise to EUR 86.4 million, despite lower sales. The outlook considers shifts in delivery volumes and adjusted exchange rates, with depreciation now anticipated between EUR 340 million and EUR 400 million.