Siltronic AG Investor Presentation — May 2024

Loading viewer...

investor_presentation

Format: PDF investor_presentation

Document content

MANAGING ONGOING SOFT DEMAND

Dr. Michael Heckmeier & Claudia Schmitt

May 2, 2024© Siltronic AG

2024: A transition year

Ambition for 2028 unchanged:

EBITDA-margin in the high 30’sReady to harvest market

upswing driven by megatrends

2 Q1 2024 Conference Call PresentationQ1 2024 affected by

demand weaknessKEY MESSAGES OF TODAY'S CALL

Q1 2024 AFFECTED BY MARKET WEAKNESS

3 Q1 2024 Conference Call Presentation343.5

-3.7% vs Q4 2023Sales in EUR mn173.0

Mainly for FabNextCapex in EUR mn

Q4 2023: 25.5%EBITDA Margin in %-158.4

Due to ongoing investments Net cash flow in EUR mn

Earnings per share in EURStable

Prices and market share0.86

Q1 2024 Conference Call Presentation 4in line with expectations© Siltronic AG1 qoq = Q1 2024 vs. Q4 2023

5 Q1 2024 Conference Call PresentationNO SURPRISES IN Q1 2024 FIGURES

o-3.7% mainly due to typical product mix shifts between quarters

oStable wafer area and prices

oEffect of lower sales offset by tailwind from FX result:

EUR 5 mn vs. EUR -1 mn qoq positive impact on margin

oMarginal increase in depreciation

oLower interest income along with reduced cash position

oTax rate 16% vs. 7% (Q4: impact deferred taxes)n Q1 2024 Q4 2023 Q1 2023

Sales 343.5 356.6 404.4

Gross profit 70.1 79.2 116.2

Preview truncated — download the full document for the complete content.