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WAF — Siltronic AG News Story

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Siltronic rises on 'solid' Q2 results despite FY sales guidance cut

** Shares in Siltronic WAFGn.DE rise around 5% after the German semiconductor materials supplier posted its Q2 results above expectations, despite FY sales forecast cut

** Siltronic's Q2 revenue amounted to 329.1 million euros ($379.58 million), down from 351.3 million a year earlier, but above analyst's average forecast of 322 million euros, according to a poll by LSEG

** "While no change to the overall volume outlook, today's beat and the revised depreciation and amortization (D&A) is likely to have a more positive impact," Jefferies says, citing the company's Q2 numbers came in ahead of expectations

** "While the US/EU tariff agreement still poses some questions on the potential impact on wafers, a potential bottom in Q3 could lead to a more constructive view," it adds

** A local trader describes Siltronic's Q2 figures as "solid"

** The stock is among the best performers of Germany's small-cap index .SDAXI

($1 = 0.8670 euros)

 (Reporting by Ozan Ergenay)

 ((ozan.ergenay@thomsonreuters.com))

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