Investor Presentaiton
Q3 in line with expectations, pricing sentiment stable
Profit & Loss, in EUR million
Q1-Q3
Q3 2023 Q2 2023
Comments
Sales: -14% qoq
2023
Sales
349.1
403.7
1,157.2
➤ Lower wafer area sold
▸ Stable prices and FX
Gross profit
75.7
101.1
293.0
Gross margin, in %
21.7
25.0
25.3
EBITDA
99.1
118.6
342.8
EBITDA margin, in %
28.4
29.4
29.6
EBITDA: -16% qoq, solid margin
Stable unit cost for materials and energy
Lower fixed cost dilution, but no negative inventory
effects (like in Q2)
Positive FX result of EUR 10 mn
EBIT: -34% qoq
EBIT
46.4
70.3
194.5
Expected increase in depreciation
EBIT margin, in %
13.3
17.4
16.8
Net income: -43% qoq
Net Income
35.1
61.4
169.0
Reduced interest income due to lower
cash position
EPS, in EUR
1.10
1.83
5.13
Increase in tax rate due to shift in site mix
(siltronic
perfect silicon solutions
Siltronic AG - Investor Presentation Q3 2023
October 26, 2023
O Siltronic AG
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