2 days Ago
SGL Carbon SE ( OTCPK:SGLFF ) Q1 2025 Results Conference Call May 8, 2025 8:00 AM ET Company Participants Claudia Kellert - Head of Investor Relations Thomas Dippold - Chief Financial Officer Andreas Klein - Chief Executive Officer Claudia Kellert A very warm welcome to our today's conference call from our side, from SGL side. Today, as usual, Andreas Klein, our CEO and Thomas Dippold, our CFO, will give you a detailed overview about the first quarter 2025 and our expectations for the upcoming months. We will also comment on the restructuring measures already implemented in the Carbon Fiber business unit.
After the presentation, we are looking forward to answer your questions. Now I hand over to our CFO, Thomas Dippold. Thomas Dippold Hello, everybody.
This is Thomas Dippold. It's a pleasure for me to guide you through our key figures for the first three months of this year. And as anticipated and as we also told you the last time when we presented our full year figures for the year 2024, we expected some lower demand especially from the semiconductor industry in this year.
And this is exactly what you can see in our performance over the first three months of this year. Our sales dropped by EUR 38 million, which is minus 14% even so some currencies were even favorable for us. So if you adjusted for currencies almost minus 15% and we now reach EUR 234.
3 million in our top-line. And also our EBITDA is hit quite a bit by minus 20.4%, which is EUR 8.
6 million lower than the first three months of last year. Where does this come from? It's mainly a decline in volume and especially in high margin products and there in particular the silicon carbide market. And you know we have a very high margin there, and when sales drop so much in this.
