SGL Carbon's Rapid Transformation Amid Declining Sales

SGL Carbon is advancing its transformation despite a 16.5% decline in sales, reaching €652.9 million for the first nine months of 2025 compared to €781.9 million in 2024. The drop is linked to weak semiconductor demand and restructuring in the Carbon Fibers unit. Nevertheless, the EBITDA margin improved slightly to 16.6%.

The Graphite Solutions unit saw a 21% sales drop due to a 39.3% decrease in semiconductor demand. Meanwhile, the Process Technology unit maintained stability with a minor 3.6% sales decrease, reflecting efficient project management and cost control.

The Carbon Fibers unit showed progress post-restructuring, cutting unprofitable operations, which led to sales dropping 20%. Yet, adjusted EBITDA rose to €9.5 million from a previous deficit.

Looking ahead, SGL Carbon plans for a 10-15% sales decline in 2025 but remains focused on cost efficiency and resource alignment to position itself for future growth.