Germany's Siltronic Q3 revenue beats estimates; raises guidance

Siltronic AG

04/11/2026 06:08

Overview
Germany wafer maker's Q3 revenue rose 10.5% qtr/qtr, beating analyst expectations
Q3 EBITDA slightly beat analyst expectations, margin improved to 22.9%
Company raised 2026 sales guidance, now expects sales in line with prior year

Outlook
Siltronic now expects 2026 sales to be in the range of the previous year
Company expects 2026 EBITDA margin between 22% and 24%
Company forecasts 2026 capital expenditure of EUR 180 mln to EUR 200 mln

Result Drivers
HIGHER WAFER VOLUMES - Q3 sales growth driven by increased wafer area sold, especially 300 mm and 200 mm wafers
FAVORABLE FX - Positive exchange rate developments contributed to improved sales and outlook, per CEO
COST REDUCTION - Cost reduction measures helped lower cost of sales per wafer area

Company press release: ID:nEQ8J0VpGa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
EUR 355.40 mln
EUR 338.26 mln (4 Analysts)
Q3 EBITDA
Slight Beat*
EUR 81.30 mln
EUR 80.74 mln (4 Analysts)
Q3 EBIT
 
-EUR 42.40 mln
 
Q3 EBITDA Margin
 
22.90%
 
Q3 EBIT Margin
 
-11.90%
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the semiconductors peer group is "buy"
Wall Street's median 12-month price target for Siltronic AG is €93.50, about 57.1% above its November 3 closing price of €59.50

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Nov 3 - Bosch to spin off semiconductor division in January 2028

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)