Siltronic rises on sales guidance hike, 'relatively strong' Q2 report

Siltronic AG

30/07/2026 10:12

** Shares in Siltronic WAFGn.DE rise 2.5% after the German semiconductor materials supplier slightly lifted its FY sales guidance and posted Q2 results
** Siltronic now expects 2026 revenue to fall by a low-to-mid single-digit percentage year-on-year, compared with an earlier forecast for a mid-single-digit decline
** "Relatively strong report and better outlook for a bounce," a local trader says
** Jefferies says signs of recovery in the 200 mm wafer market and stabilising prices should support shares today
** The company's Q2 sales came in at 321.6 million euros ($368.33 million), broadly in line with analysts' expectations of 322.3 million euros, according to LSEG data
** The stock, which has gained 42.3% YTD including today's session, is among the best performers of Germany's mid-cap index .MDAXI
     
     
($1 = 0.8731 euros)

(Reporting by Ozan Ergenay)
((ozan.ergenay@thomsonreuters.com))