** Shares in Siltronic WAFGn.DE rise 2% after the German semiconductor materials supplier delivered its Q3 results in line with estimates, despite narrowing its FY core profit margin outlook
** Siltronic posts Q3 sales of 300.3 million euros ($350.21 million), down from 357.3 million euros last year, but in line with analysts' average forecast of 300.7 million euros, according to a poll by LSEG.
** Jefferies says Siltronic's Q3 results came in line with expectations, with cost savings measures helping to offset some of the pressure on the bottom line from the volume shifts into Q4
** The company now expects FY EBITDA margin of 22% to 24%, having previously a forecast range of 21% to 25%
** The stock, which has gained 30.5% YTD including today's session, is at the top of Germany's small-cap index .SDAXI
(Reporting by Ozan Ergenay)
((ozan.ergenay@thomsonreuters.com))