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PRESS RELEASE
Siltronic stand its ground in 2023 despite difficult market environment – Financial year 2024 still characterized by weak demand
Siltronic AG reports solid performance in 2023 despite challenging market conditions, with sales declining to EUR 1,513.8 million. Financial year 2024 expected to face weak demand, impacting margin. Growth targets set for 2028 -
PRESS RELEASE
Siltronic announces forecast for financial year 2024 and dividend proposal of EUR 1.20 for financial year 2023
Siltronic AG announces forecast for financial year 2024 and dividend proposal of EUR 1.20 for financial year 2023. Despite the weakness in demand, the company expects sales to reach the level of the previous year with stable selling prices. The EBITDA margin, before ramp costs, is also expected to be in line with the previous year, but substantial ramp costs due to the commissioning in Singapore will lead to a reduction in the margin. The company confirms its dividend policy for the future, distributing around 40 percent of the Group profit to shareholders -
PRESS RELEASE
EQS-Adhoc: Siltronic announces guidance for the financial year 2024 and a dividend proposal of EUR 1.20 for the financial year 2023
Siltronic AG announces guidance for the financial year 2024 and proposes a dividend of EUR 1.20 for 2023 amid weak demand and expected impact of ramp costs for the new 300 mm fab in Singapore. The Board also plans to reduce the dividend for the past financial year. Complete annual report for 2023 will be published on March 12, 2024 -
PRESS RELEASE
Siltronic achieves annual targets for 2023
Siltronic AG achieves its annual targets for 2023 with preliminary sales of EUR 1,514 million, a 16% decrease from 2022. The EBITDA margin reached 29%, inline with expected range of 28-30%. Record investments in property and new 300 mm fab in Singapore contribute to significant profitable growth -
