Siltronic (ETR:WAF) Third Quarter 2024 Results
Key Financial Results
- Revenue: €357.3m (up 2.3% from 3Q 2023).
- Net income: €17.9m (down 46% from 3Q 2023).
- Profit margin: 5.0% (down from 9.5% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: €0.60 (down from €1.10 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Siltronic Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates significantly.
Looking ahead, revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany.
Performance of the German Semiconductor industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Be aware that Siltronic is showing 3 warning signs in our investment analysis and 1 of those is a bit unpleasant...
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About XTRA:WAF
Siltronic
Provides hyperpure semiconductor silicon wafers in Germany, rest of Europe, the United States, Taiwan and Mainland China, Korea, and Rest of Asia.
Adequate balance sheet slight.
