Slide 1: Preliminary Financial Figures 2019
Siltronic AG Preliminary Financial Figures 2019 January 29, 2020 © Siltronic AG
Slide 2: Highlights 2019: Preliminary financial figures FY 2019
Highlights 2019: Preliminary financial figures FY 2019* Sales EUR 1,270m (2018: EUR 1,456.7m) EBITDA EUR 409m (2018: EUR 589.3m) EBITDA margin: ~32% (2018: 40.5%) EBIT EUR 298m (2018: EUR 497.7m) EBIT margin: ~24% (2018: 34.2%) CapEx EUR 360m (2018: EUR 256.9m) Net cash flow EUR 81m (2
Slide 3: Revenues 2019 decreased as expected due to muted end markets and high inventories
Revenues 2019 decreased as expected due to muted end markets and high inventories at customers Sales, in EUR million Comments 388.1 354.4 Positive ASP in EUR slightly up y-o-y 311.8 304 299.8 Tailwind from USD y-o-y but only slightly sequential changes q-o-q Sales in Q4 slightly better than
Slide 4: EBITDA y-o-y down due to lower loading and higher energy costs
EBITDA y-o-y down due to lower loading and higher energy costs EBITDA margin in %; EBITDA in EUR million Comments Positive 41.4 ASP in EUR slightly up y-o-y 35.9 32.1 Tailwind from USD y-o-y but 30.5 30 only slightly sequential changes q-o-q 160.8 127.2 Negative 100.0 91.5 90 EBITDA down y
Slide 5: Net cash flow down y-o-y due to higher investments
Net cash flow down y-o-y due to higher investments CF-Capex and NCF, in EUR million Comments 80,8 Net cash flow of EUR 81m in 2019 lower y-o-y due to high capex level 9 Capex related to: 0,4 capacity expansion in 2019 -8,8 new crystal pulling hall in -32,2 Singapore ongoing automation proj
Slide 6: Net financial assets down y-o-y due to high dividend payout
Net financial assets down y-o-y due to high dividend payout and return of some customer prepayments Net financial assets, in EUR million Comments Net cashflow of EUR 81m 762 Dividend payment of EUR 691 150m 592 579 589 Return of customer prepayments of EUR 45m net The results in this document
Slide 7: 2019 second-best year in Siltronic's history despite slowdown in wafer demand
2019 second-best year in Siltronic’s history despite slowdown in wafer demand Q4 2019 comments Full year 2019 comments Sales in Q4 higher than expected due to Sales volume significantly down due to high business with customers which could not be inventories at customers, volume shifts under supp
Slide 8: Underlying growth trend intact but cautious start in 2020 expected
Underlying growth trend intact but cautious start in 2020 expected 2020 challenges and opportunities Cautious start in 2020 expected Wafer industry not fully loaded since 2019 Despite first positive news flow from semi companies elevated inventory levels, especially in memory, have to come dow
Slide 9: Contact and Additional Information
Contact and Additional Information Issuer and Contact Additional Information Siltronic AG ISIN: DE000WAF3001 Hanns-Seidel-Platz 4 WKN: WAF300 D-81737 München Deutsche Börse: WAF Listing: Frankfurt Stock Exchange Investor Relations: Prime Standard Petra Mueller email: petra.mueller@siltronic.com Tel.
Slide 10: Disclaimer
Disclaimer The information contained in this presentation is for background purposes only and is subject to amendment, revision and updating. Certain statements contained in this presentation may be statements of future expectations, future financial performance and other forward-looking statements
Slide 11: SILTRONIC AG
SILTRONIC AG | Hanns-Seidel-Platz 81737 Munich 4 Germany © Siltronic AG