Report
Stephane Houri

Siltronic AG : Malgré le forex et le mix, la situation s’améliore lentement – Opinion Achat réitérée

>Opinion Achat et OC 110 € maintenus après la conférence call - Suite à la publication des résultats T3 2020, nous réitérons notre opinion Achat, ainsi que notre OC 110 €. Certes, cette publication est ressortie inférieure aux attentes, en raison de l’évolution du taux de change €/$, ainsi que d’un mix-produits défavorable. Mais, nous estimons que la demande s’améliore lentement mais sûrement (elle reste forte dans la logique, en amélioration lente dans la mémoire qu...
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
Stephane Houri

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