SGL Carbon Faces Challenges Amid Weak Semiconductor Demand

SGL Carbon experienced a challenging first half of 2025, impacted by weak demand from semiconductor customers, leading to a sales decline of 15.8% compared to 2024. Sales amounted to €453.2 million, with Graphite Solutions (GS) being notably affected due to weakened demand in semiconductor and LED markets. The process of restructuring in the Carbon Fibers unit is underway with initial positive outcomes, although sales there also dropped due to discontinued activities.

Despite these setbacks, the EBITDA margin remained stable at 16.0%. The Process Technology unit recorded a marginal sales increase, showing resilience thanks to a global client base. Adjustments in workforce and energy costs in the GS unit couldn't fully mitigate losses, which saw a significant decline in EBITDA to €40.8 million.

Moving forward, SGL Carbon adjusted its sales forecast for 2025, predicting a 10-15% decline, yet confirmed adjusted EBITDA expectations. Trade barriers and uncertainties in the automotive sector influence future forecasts, although restructuring efforts aim to stabilize the company's financial health.