Siltronic AG (WAF.F)
- Reuters
Chip parts supplier Siltronic's profit falls on high client inventories
The company, which makes silicon wafers used in semiconductor chips, posted quarterly earnings before interest, tax, depreciation and amortisation (EBITDA) of 90.8 million euros ($97.3 million), down from 125.2 million euros a year earlier. Because of this, 2024 will likely be a transition year for Siltronic on the way to profitable growth, he added. Siltronic cut its 2024 outlook last week, expecting 2024 sales to be roughly 10% below those of last year, while full-year EBITDA is expected to be below 300 million euros.
- Simply Wall St.
Be Wary Of Siltronic (ETR:WAF) And Its Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
- Simply Wall St.
Siltronic AG's (ETR:WAF) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Siltronic (ETR:WAF) has had a rough three months with its share price down 7.7%. However, the company's fundamentals...
