Siltronic AG Shows Resilience in 2024 with Somber 2025 Outlook

In 2024, Siltronic AG demonstrated resilience by achieving sales of EUR 1,412.8 million and an EBITDA of EUR 363.8 million, despite challenging market conditions. The EBITDA margin remained solid at 25.8%, though lower than the previous year's margin due to reduced sales and unfavorable exchange rate effects.

Looking ahead to 2025, Siltronic anticipates that persistent inventory levels at chip manufacturers will hinder sales growth, expecting figures similar to 2024. The EBITDA margin is projected to range between 22 and 27%. Capital expenditures will be reduced significantly, which is expected to slightly bolster net cash flow though it will remain negative.

The semiconductor industry may experience some growth supported by Artificial Intelligence applications. Nonetheless, this will not necessarily translate into improved sales for Siltronic. The financial year 2025 is poised to be challenging, emphasizing strategic cost management and maintaining competitive advantage through capacity expansion and innovation.