ISIN:DE000WAF3001

EQS-News: Siltronic defines profitable growth plan until 2028

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Samstag, Dezember 30, 2023
Annual report, Sound, Computer, Logic, CFO, Research, Semiconductor, WAF, Growth, SDAX, Memory, Bank statement, Name, Artificial intelligence, Investment, EUR, Silicon, Automation, TecDAX, News, Capital market

The confidence until 2028 is supported by the increasing relevance of global megatrends such as artificial intelligence, digitalization and electromobility.

Key Points: 
  • The confidence until 2028 is supported by the increasing relevance of global megatrends such as artificial intelligence, digitalization and electromobility.
  • "In view of the expected next growth phase driven by megatrends, we have defined medium-term targets for Siltronic up to 2028 against which we will be measured.
  • In addition, we will use the expected cash flows from our growth plan until 2028 to strengthen our leading technology position and improve the quality of our balance sheet.
  • At today's Capital Markets Day in London, Siltronic will present the company's growth plan until 2028.

EQS-News: Siltronic definiert profitablen Wachstumsplan bis 2028

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Samstag, Dezember 30, 2023
Vorstand, Siltronic, SDAX, TecDAX, WAF, Verbesserung, Umsatz, Plus, Prozent, Kunden, Unternehmen, Wachstum, Entwicklung, Segment, Memory, Logic Pro, Power, Bakterielles Wachstum, Investition, MM, Wafer, Freiberg, Automatisierungsgrad, Kostenstruktur, Ziel, Projekt, Zug, Cashflow, Sicherstellung, Ausbau, Automatisierung, Digitalisierung, Absenkung, Schulden, Eigenkapitalquote, Wert, CFO, Reden

EQS-News: Siltronic AG updates climate targets and joins the RE100 initiative

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Samstag, Dezember 30, 2023
Computer, CFO, Geography, Climate, SDAX, Science, Climate change, Growth, Silicon, Carbon, CO2, RE100, TecDAX, News, Science Based Targets initiative, Renewable energy

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

Key Points: 
  • Munich, November 16, 2023 – Siltronic has updated its existing climate strategy and set ambitious targets to fulfill its role in the Paris Climate Agreement.
  • With these targets, Siltronic is making its contribution to limiting global warming to a maximum of 1.5 degrees Celsius in accordance with the Paris Climate Agreement passed in 2015.
  • To achieve the revised climate targets, Siltronic is committed to gradually increasing the use of renewable energy to 60 percent by 2030 and 100 percent by 2045.
  • To reinforce its commitment to renewable energy, Siltronic joined the RE100 initiative in November 2023.

EQS-News: Siltronic rejoins the MDAX

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Mittwoch, Dezember 20, 2023
Wind, SDAX, Deutsch, TecDAX, MDAX, Computer, News, Frankfurt Stock Exchange, Growth, Silicon, Cryptocurrency, Siltronic

Munich, December 18, 2023 – Due to the positive development of the market capitalization, the Siltronic share is rejoining the MDAX index today.

Key Points: 
  • 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 share is once again represented in the second most important index of the German stock exchange.
  • Dr. Michael Heckmeier, CEO of Siltronic, commented on this development: "The re-inclusion of Siltronic in the MDAX reflects investors' confidence in our future prospects and our continued growth.
  • Siltronic AG shares are included in both the MDAX and TecDAX stock market indices.

EQS-News: Siltronic AG aktualisiert Klimaziele und tritt der Initiative RE100 bei

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Donnerstag, Dezember 14, 2023
Target, Unternehmen, Mitglied, Prime, Information, Singapur, Lieferkette, Klimaziel, Klimaschutz, Null, Energie, Klimawandel, Reduktion, Vorgabe, Science, Treibhausgas, Menge, Engagement, Prozent, Ziel, Tausch, Standort, Wachstum, Hindernis, Beitrag, Einkauf, Passpunkt, Fabrik, Nutzung, Dekarbonisierung, Grad Celsius, Produkt, Hintergrund, Siltronic, Initiative, Quartal, Kriterium, CFO, Erneuerbare Energien in Europa, Umweltschutz

EQS-News: Siltronic in Q3 2023 with an expected moderate development, annual outlook confirmed and specified

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Donnerstag, Oktober 26, 2023
Artificial intelligence, EBITDA, Growth, Federal Executive Boards, Depreciation, EUR, Rare-earth element, Cryptocurrency

Even though the end of the weaker demand due to inventory corrections by chip manufacturers and their customers is not expected in Q4 2023, sales in Q4 2023 are expected to be higher than in Q3.

Key Points: 
  • Even though the end of the weaker demand due to inventory corrections by chip manufacturers and their customers is not expected in Q4 2023, sales in Q4 2023 are expected to be higher than in Q3.
  • Therefore, Siltronic continues to expect wafer volumes to decline by around 15 percent year-on-year in 2023.
  • The tax rate is expected to be around 15 percent in 2023.
  • As already communicated in H1 2023, capital expenditure including intangible assets is expected to be at a level of approximately EUR 1.3 billion (2022: EUR 1,074 million).

EQS-News: Siltronic in Q2 2023 as expected with solid development in difficult industry environment

Retrieved on: 
Donnerstag, Juli 27, 2023
Weakness, GlobalWafers, EUR, RTÉ Executive Board, EBITDA, Investment, Depreciation, CFO, Artificial intelligence, Growth, Silicon, Public expenditure, WAF, Retail, Rare-earth element, Lithium, Bank, Cryptocurrency, Q2, Siltronic

Siltronic continues to expect comparatively good profitability and an EBITDA margin of 26 to 30 percent in 2023.

Key Points: 
  • Siltronic continues to expect comparatively good profitability and an EBITDA margin of 26 to 30 percent in 2023.
  • Siltronic is preparing for the next growth phase, which will be driven by the megatrends of artificial intelligence, digitalization and electromobility.
  • We are strategically preparing our company for the expected next growth phase by investing, in particular, in our new fab in Singapore in 2023," commented Dr. Michael Heckmeier, CEO of Siltronic AG.
  • In Q2 2023, Siltronic generated sales of EUR 403.7 million, which is on par with the previous quarter (Q1 2023: EUR 404.4 million), but below the comparable prior-year quarter (Q2 2022: EUR 442.2 million) due to the aforementioned volume declines.