Report
Maissa Keskes ...
  • Stephane Houri

Siltronic AG : A failure of the GW bid cannot be ruled out, but no drama, since the bid EPS estimates have been revised up by 45%...

>Q3 2021 earnings much higher than expected - Yesterday, Siltronic’s Q3 2021 results came in much higher than expected thanks to the rise in average selling prices (ASP), and the volumes of wafers sold. The favourable trend in the €/$ exchange rate also contributed to growth. Sales came to € 372m, up 9% q-o-q and 24% y-o-y, beating the consensus forecast of € 348m. The gross margin came to 32% vs the consensus forecast of 32.3%. EBITDA came to € 119m, with a margin of...
Underlying
Siltronic AG

Siltronic AG is a Germany-based producer of hyperpure silicon wafers. The Company offers polished wafers, epitaxial wafers and annealed wafers, among others. Its products are used for semiconductor components, including high-voltage applications, low resistivity devices in automotive engineering and telecommunications, as well as integrated microprocessors and memory modules for information processing in cell phones, laptops and other consumer goods. The Company also produces high reflectivity (HiREF) wafers, as well as PowerFZ wafers for power applications and Ultimate Silicon for complementary metal-oxide semiconductor (CMOS) applications. It operates production facilities in Europe, Asia and the United States.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Maissa Keskes

Stephane Houri

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