Business
Siltronic closes Q1 2026 in line with expectations
Siltronic closes Q1 2026 in line with
About this update from Siltronic Ag
EQS-News: Siltronic AG / Key word(s): Quarterly / Interim Statement Siltronic closes Q1 2026 in line with expectations 29.04.2026 / 07:00 CET/CEST The issuer is solely responsible for the content of this announcement. Press release Siltronic AG Einsteinstraße 172 81677 Munichwww.siltronic.com Siltronic closes Q1 2026 in line with expectations- Sales decreased by 17.5 percent to EUR 306.5 million compared to a strong previous quarter that benefited from intra-year delivery shifts- EBITDA margin decreased from 23.3 percent in the previous quarter to 21.2 percent - Guidance for 2026 confirmed:Sales expected to be in the mid-single-digit percent range below the previous year at an assumed EUR/USD exchange rate of 1.18; excluding FX and SD effects[1], sales expected to be at previous-year levelEBITDA margin between 20 and 24 percentMunich, Germany, April 29, 2026 – Siltronic AG’s (SDAX/TecDAX: WAF) Q1 2026 was in line with the previously communicated expectations. Sales amounted to EUR 306.5 million, significantly below the level of Q4 2025 (EUR 371.6 million). The EBITDA margin was 21.2 percent. "As expected, the start of fiscal year 2026 was subdued. It is encouraging that growth in AI‑driven end markets has continued to strengthen. However, capacity constraints at our customers in the Memory chip sector, as well as persistently high inventory levels for 200 mm products, are dampening optimism. Geopolitical uncertainties related to developments in the Middle East currently have no direct impact on our business. Overall, end markets remain robust. Nevertheless, we are monitoring the situation very closely," commented Dr. Michael Heckmeier, CEO of Siltronic AG, on the development.Business Development in Q1 2026 Change Q1 2026 Q4 2025 Q1 2025 Q1 to Q4 Q1 to Q1Sales in EUR million 306.5 371.6 345.8 –65.1 –39.3Cost of sales in EUR million –332.7 –371.9 –290.9 39.2 –41.8Gross profitin EUR million –26.2–0.354.9 –25.9–81.1Gross margin in % –8.5 –0.1 15.9 EBITDAin EUR million 65.186.478.3 -21.3–13.2EBITDA margin in % 21.2 23.3 22.6 Depreciation, amortization and impairment less reversals thereof in EUR million –117.5 –120.1 –63.4 2.6 –54.1EBITin E...