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Germany's Siltronic lifts 2026 sales forecast as wafer demand improves

By Reuters News

Nov 4 (Reuters) - German semiconductor materials supplier Siltronic WAFGn.DE on Wednesday lifted its annual sales forecast, citing stronger demand for its wafer business.

Siltronic now expects revenue for 2026 to be in line with the previous year's revenue of €1.34 billion ($1.50 billion). It previously said sales would decline by a low- to mid-single digit percentage from the prior year.

The company also narrowed its full-year forecast for margins on earnings before interest, taxes, depreciation and amortization to 22% to 24% from 20% to 24% earlier.

"With the expansion of our 300 mm capacities in Singapore, we are supporting market growth driven particularly by AI. Strong demand for 300 mm wafers and, increasingly, for 200 mm wafers led to a noticeable quarter-over-quarter growth in wafer area sold," CEO Michael Heckmeier said in a statement.

The German group's improved sales outlook adds to signs that AI-linked demand is strengthening across parts of the semiconductor supply chain, as chipmakers ramp up production and increase orders for advanced silicon wafers.

Siltronic's revenue rose to €355.4 million in the third quarter from €300.3 million a year earlier.


($1 = 0.8905 euros)

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