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Siltronic cuts full-year core profit margin target, but confirms sales outlook despite US tariffs

By Thomson Reuters Apr 30, 2025 | 12:41 AM

(Reuters) -German semiconductor materials supplier Siltronic on Wednesday cut its annual core profit margin forecast on expected negative price effects outside of long-term agreements, but confirmed full-year sales guidance, saying it’s not yet possible to estimate the impact of U.S. tariffs.

The company, whose customers include Infineon, Intel, Samsung and TSMC, now expects a margin of 21% to 25% on earnings before interest, taxes, depreciation and amortization (EBITDA), having previously forecast a range of 22%-27%.

“Sales guidance for the full year 2025 remains unchanged, although it is not yet possible to estimate the impact of American tariff policies and the corresponding countermeasures on expected end-market growth and FX rates for the remainder of the year,” Siltronic said in a statement.

U.S. President Donald Trump’s sweeping tariffs and uncertainty over his trade policies have sent global markets into a tailspin and significantly dampened investors’ economic optimism.

The company’s quarterly EBITDA came in at 78.3 million euros ($89.07 million), down 12.5% from 90.8 million euros a year earlier, and below analysts’ estimate of 85.8 million euros in a poll by LSEG data.

($1 = 0.8790 euros)

(Reporting by Ozan Ergenay in Gdansk; Editing by Christian Schmollinger and Kim Coghill)