Siltronic’s sales in 2016 were roughly on a par with the previous year and amounted to €933.4 million (2015: €931.3 million). Volume gains and favorable exchange-rate effects were countered by lower prices. Sales of 300 mm silicon wafers continued to rise. Asia retained its position as the key sales region in the reporting year. Europe also saw sales growth.

EBITDA improved by 17.7 percent year over year, climbing to €145.9 million (2015: €124.0 million). Positive factors influencing EBITDA were additional cost-reduction measures, high rates of production-capacity utilization and a decrease in currency-hedging expenses. The EBITDA margin was 15.6 percent (2015: 13.3 percent).

Siltronic’s investments in property, plant and equipment and in intangible assets rose in 2016, reaching €89.5 million (2015: €75.1 million). That was a year-over-year increase of 19.1 percent. The invested funds were used especially for modernizing crystal-pulling facilities and for the ongoing automation of production. At 3,757, the number of employees at Siltronic was lower than a year earlier (Dec. 31, 2015: 3,894).

Key Data: SILTRONIC