Siltronic AG Q4 2024 Earnings Call Transcript: Michael Heckmeier, Claudia Schmitt, and Verena Stutze Present Financials and Guidance

Siltronic AG reported Q4 2024 earnings, with CEO Michael Heckmeier and CFO Claudia Schmitt presenting the results. The presentation will include an overview of financials, current market developments, and guidance. Management's comments will involve forward-looking statements that include risks and uncertainties. The safe harbor statement is contained in today's press release and presentation. All related documents are available on the company's website.

Siltronic AG, a leading provider of silicon wafers, reported its Q4 2024 earnings on March 6, 2025 [1]. The company's CEO, Michael Heckmeier, and CFO, Claudia Schmitt, presented the results, which demonstrated resilience in the face of challenging market conditions [1].

The financials for Q4 2024 showed a decrease in sales to €1,412.8 million and an EBITDA of €363.8 million, compared to €1,513.8 million and €433.9 million, respectively, in the same period in 2023 [1]. Despite the sales decline, the company managed to maintain a solid EBITDA margin of 25.8%, down from 28.7% in the previous year [1].

The reduction in sales and EBITDA was attributed to continued weak demand and high inventory levels at chip manufacturers and their customers [1]. However, management expressed optimism about the reduction of these inventory levels shaping the sales performance in 2025 [1].

Siltronic's guidance for 2025 indicates that sales are expected to be in the same range as the previous year, with no increase expected year-over-year [1]. The company anticipates H1 2025 sales to be in the high single-digit percentage range below H2 2024 [1]. The EBITDA margin is projected to be between 22 and 27% [1].

In addition to cost-cutting measures, Siltronic is investing in new capacities and innovative strength to position itself for the upcoming recovery [1]. The company's focus on artificial intelligence and other growing end markets is expected to contribute to its future growth.

References:
[1] EQS-News: Siltronic AG. (2025, March 6). Siltronic demonstrates resilience in the financial year 2024 – Muted expectations for 2025 due to continued high inventory levels. Retrieved from https://www.marketscreener.com/quote/stock/SILTRONIC-AG-22412985/news/Siltronic-demonstrates-resilience-in-the-financial-year-2024-Muted-expectations-for-2025-due-to-49251872/