Interim report
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siltronic perfect silicon solutions Press release Siltronic AG Einsteinstr . 172 81677 Munich www.siltronic.com Siltronic closes 2020 financial year in line with expectations - dividend proposal of EUR 2.00 per share - - - Sales of EUR 1,207.0 million down year - on - year , as expected ( 2019 : EUR 1,270.4 million ) EBITDA decreased to EUR 332.0 million and EBITDA margin to 27.5 percent ( 2019 : EUR 408.7 million ; 32.2 percent ) EBIT of EUR 192.2 million and EBIT margin of 15.9 percent significantly below prior year , also due to increased depreciation ( 2019 : EUR 298.3 million ; 23.5 percent ) Dividend proposal of EUR 2.00 per share for financial year 2020 Forecast for 2021 - Significant growth in wafer demand expected Munich , Germany , March 9 , 2021 - As expected , sales and earnings of Siltronic AG ( MDAX / TecDAX : WAF ) declined in 2020 . " 2020 was characterized by a surge in digitization triggered by the corona pandemic , which lead to a slightly higher than expected demand for silicon wafers . Average selling prices ( ASP ) per wafer area were lower than in 2019. In H2 2020 , sales and earnings were additionally burdened by the strength of the Euro , particu- larly against the US dollar . In this environment , we focused on further strengthening our technological capa- bilities and increasing our productivity . The health of our workforce has always been in our focus during the pandemic , " said Dr. Christoph von Plotho , CEO of Siltronic AG .