SGL Carbon (SGL) Investor presentation summary

Business model and market positioning

• Specializes in carbon and graphite-based products and solutions, serving advanced materials markets.

• Operates four main business units: Graphite Solutions, Process Technology, Carbon Fibers, and Composite Solutions.

• Focuses on tailor-made products for semiconductors, chemical industry, automotive, and renewable energy sectors.

Financial performance and 9M 2025 results

• Group sales declined 16.5% to €652.9m, mainly due to weak demand in semiconductor and automotive markets.

• EBITDApre fell 14.9% to €108.6m, with margin stable at 16.6% due to cost-saving measures.

• Net result dropped to -€51.3m, impacted by €81.7m in restructuring costs.

• Free cash flow remained positive at €12.5m; net financial debt increased slightly to €116.5m.

Segment performance and restructuring

• Graphite Solutions saw a 39.3% drop in semiconductor sales, with overall sales down to €325.7m and EBITDApre margin falling to 17.9%.

• Process Technology maintained high profitability, with sales at €102.4m and EBITDApre margin at 23.9%.

• Carbon Fibers underwent major restructuring, discontinuing loss-making activities and returning to positive EBITDApre of €9.5m despite sales decline.

• Composite Solutions faced lower sales and EBITDApre due to automotive sector weakness and price pressure.