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The manufacturer of
Siltronic semiconductor wafers
supported Although the average income fell slightly, it did
have almost offset an increase in the area of wafers sold,
as the company announced Tuesday in Munich. Then it worked
better than analysts expected on average.
Sales in the last quarter were compared to
Last quarter of 2019 by only 1.4 percent to around 300 million euros
I liked it, he continued. Earnings before interest, taxes and
As a result, depreciation (Ebitda) fell due to lower
Average income by 6.4 percent to 84.2 million euros. By
With a lower tax burden, the surplus increased slightly
to 46 million euros. In the chip industry it’s partly because
Significant fluctuations in business comparisons with the previous quarter
usual.
So far, Siltronic hasn’t seen any of the new corona virus
Significant impact on operating profit. There is
So far there are almost no order cancellations and the prospects for the second
The quarter is still good. While end markets like smartphones,
Develop automotive or consumer products like television negatively, show
positive developments in areas like servers or computers
for the home office.
This development corresponds approximately to the analyst’s evaluation.
Veysel Taze by Bankhaus Lampe, the first and possibly also
the second quarter is a good order situation and
The burden of the virus crisis only with a certain
Delay sees.
In the second half of the year, Siltronic was quite vocal
reserved because the virus has spread and a
A prospect for the second half of the year is not predictable at the end
Currently not possible. Annual forecast released March 9
with two possible scenarios still apply.
It had been said that in the event that there were no large
Impact due to Corona 2020 with a slight
Sales growth, although with decreasing average income
Profit margin before interest, taxes and
Depreciation (Ebitda margin) would be slightly lower than the previous year
lie If the new corona virus continues to spread,
Sales volume may be below the previous year, he said.
The Ebitda margin and the
Net cash inflows are significantly below the previous year.
Despite the uncertainty, the company does not want the dividend.
shake about 40 percent of shareholders are said to be
loss of earnings
The Annual General Meeting will pay a 2019 dividend as planned
3.00 euros per suggested share, he said. The by the
The coronavirus pandemic postponed the annual general meeting scheduled for June 26
kept exclusively online, that is, without the physical presence of the shareholders
be Shareholders can view the event online.
chasing Wacker Chemistry
Siltronic
The view of Siltronic documents is now exciting. You had in
Meanwhile, more in the wake of the Corona stock market crash on February 24
they lost half their value and were among them
Fall of 47 euros, a minimum since the beginning of 2017. Since then
Despite a slight setback, they are around 56 percent
recovered The stock was trading on the Tradegate platform in
Tomorrow almost three compared to the closing price of Xetra the day before
Percentage in plus./mis/men/stk
ISIN DE000WCH8881 DE000WAF3001
AXC0114 2020-04-28 / 08: 24
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