Earnings release
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siltronic perfect silicon solutions Press release Siltronic AG Einsteinstraße 172 81677 Munich www.siltronic.com Siltronic reports very good Q1 and expects positive business develop- ment for 2021 - - - Revenue of EUR 316.1 million , up 11.1 percent compared to Q4 2020 - EBITDA up q - o - q by 36.5 percent to EUR 91.7 million ( EBITDA margin of 29.0 percent ) EBIT increased from EUR 28.4 million in Q4 2020 to EUR 54.2 million ( EBIT margin 17.2 percent ) -Increased forecast for 2021 assuming at least 15 percent growth of wafer area sold Munich , Germany , May 7 , 2021 - In Q1 2021 , Siltronic AG ( MDAX / TecDAX : WAF ) recorded a significant increase in wafer area sold and a corresponding growth in sales of around 11 percent compared to Q4 2020 . " We saw a very positive business development in Q1 and raised our forecast for the current year by ad hoc announcement on April 20 , 2021. We assume that the wafer area sold will increase by at least 15 percent , which is significantly higher than previously expected . Only the strong Euro will slow down our growth some- what , " said Dr. Christoph von Plotho , CEO of Siltronic AG . " In an environment of rising demand and contin- ued investments in digitization , we have further increased our productivity . "