12.02.2024 Siltronic AG  DE000WAF3001

EQS-Adhoc: Siltronic announces guidance for the financial year 2024 and a dividend proposal of EUR 1.20 for the financial year 2023


EQS-Ad-hoc: Siltronic AG / Key word(s): Forecast/Dividend
Siltronic announces guidance for the financial year 2024 and a dividend proposal of EUR 1.20 for the financial year 2023

12-Feb-2024 / 17:54 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Ad-hoc announcement / Disclosure of an inside information according to Article 17 MAR


Siltronic AG
Einsteinstraße 172
81677 Munich

Siltronic announces guidance for the financial year 2024 and a dividend proposal of EUR 1.20 for the financial year 2023

Munich, Germany, February 12, 2024 - The Executive Board of Siltronic AG today resolved upon the forecast for the financial year 2024. Due to the continuing weakness in demand, primarily as a result of elevated customer inventories and the associated further postponements of delivery volumes, the Executive Board expects the following development for the entire year 2024:

  • Sales in the region of the previous year (exchange rate assumption: EUR/USD: 1.10) with stable average selling prices
  • First half of 2024 expected to be on the level of the second half of 2023
  • EBITDA margin, before ramp costs, also in the region of the previous year.
    Ramp costs for the new 300 mm fab in Singapore will impact the EBITDA margin by up to 3 percentage points compared to the previous year
  • Recovery in costs, particularly for energy and materials, will be compensated by a lower currency hedging result compared to the previous year and rising labor tariffs  
  • Depreciation and amortization will almost double compared to the previous year 
  • As a result, significant decline in EBIT
  • As planned, capital expenditure more than halved compared to the previous year
  • Net cash flow will significantly improve compared to the previous year, but still significantly negative

Due to the expected development of the financial year 2024, the Executive Board proposes to the Annual General Meeting to reduce the dividend for the past financial year to EUR 1.20. 

Other than that, a general change to the dividend policy is not planned.

The complete and audited annual report for 2023 will be published on March 12, 2024.

Additional information:
WKN: WAF300  
Deutsche Börse: WAF
Trading:  Amtlicher Markt (Prime Standard),
Frankfurter Wertpapierbörse

Verena Stütze
Head of Investor Relations & Communications
Tel.: +49 (0)89 8564 3133
E-Mail: [email protected]


Important Information

This adhoc announcement contains statements related to our future business and financial performance and future events or developments involving Siltronic that may constitute forward-looking statements. These statements may be identified by words such as "expect," "look forward to," "anticipate" "intend," "plan," "believe," "seek," "estimate," "will," "project" or words of similar meaning. Such statements are based on the current expectations and certain assumptions of the Siltronic-management, of which many are beyond the control of Siltronic. These are subject to a number of risks, uncertainties and factors. Should one or more of these risks or uncertainties materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of Siltronic may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Siltronic neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.


This document contains supplementary financial measures that are, or may be, alternative performance measures not specifically identified in the applicable financial reporting frameworks. For the purpose of assessing Siltronic's financial position and performance, these supplementary financial measures should not be used in isolation or as an alternative to the financial measures presented in the consolidated financial statements and determined in accordance with relevant accounting frameworks. Other companies that present or report alternative performance measures with a similar title may calculate them differently. Explanations of financial measures used can be found in the Annual Report 2022 of Siltronic AG.

End of Inside Information

12-Feb-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language: English
Company: Siltronic AG
Einsteinstr. 172
81677 Munich
Phone: +49 89 8564 3133
Fax: +49 89 8564-3904
E-mail: [email protected]
Internet: www.siltronic.com
ISIN: DE000WAF3001
Indices: MDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange
EQS News ID: 1835523

End of Announcement EQS News Service

1835523  12-Feb-2024 CET/CEST


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023
Umsatzerlöse1 1.177,30 1.456,70 1.270,40 1.207,00 1.405,40 1.805,30 1.513,80
EBITDA1,2 353,10 589,30 408,70 332,00 466,40 671,60 433,90
EBITDA-Marge3 29,99 40,45 32,17 27,51 33,19 37,20
EBIT1,4 235,70 497,70 298,30 192,20 316,90 495,60 231,10
EBIT-Marge5 20,02 34,17 23,48 15,92 22,55 27,45 15,27
Jahresüberschuss1 192,20 400,60 261,00 186,80 289,60 434,40 201,30
Netto-Marge6 16,33 27,50 20,54 15,48 20,61 24,06 13,30
Cashflow1,7 298,90 651,90 385,30 236,70 501,10 804,50 -487,90
Ergebnis je Aktie8 6,18 12,44 7,52 5,36 8,44 13,02 6,15
Dividende8 2,50 5,00 3,00 2,00 3,00 3,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

WKN Kurs in € Einschätzung Börsenwert in Mio. €
WAF300 72,600 Halten 2.178,00
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
13,57 13,95 1,02 11,40
1,17 4,46 1,44 6,28
Dividende '22 in € Dividende '23 in € Div.-Rendite '23
in %
3,00 1,20 1,65 13.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
02.05.2024 25.07.2024 24.10.2024 12.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-2,64% -11,37% -17,92% -3,20%
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Siltronic AG  ISIN: DE000WAF3001 können Sie bei EQS abrufen

Halbleiter , WAF300 , WAF , XETR:WAF