
As expected, continued weak demand from key sales markets and declining economic expectations are weighing on SGL Carbons sales and earnings performance in the first quarter 2025. After three months of fiscal 2025, SGL Carbon generated sales of 234.3 million. This was 14.0% below the previous year (Q1 2024: 272.6 million). Consolidated sales were mainly impacted by weak demand in the Semiconductor & LED market segment, which contributed the majority of the 38.3 million decline in consolidated sales with a 30.0 million drop in sales compared to the same quarter of the previous year.
Based on the significantly lower sales, particularly of higher-margin products for the semiconductor industry, SGL Carbons adjusted EBITDA decreased by 20.4% to 33.5 million compared to the first quarter of the previous year (Q1 2024: 42.1 million). Accordingly, the adjusted EBITDA margin declined from 15.4% to 14.3%.
Sales figures for electric vehicles have risen slightly again in recent weeks. This is basically a good sign for our graphite business. However, weak demand from our semiconductor customers confirms our assumption that demand for specialty graphite products for the manufacture of silicon carbide-based semiconductors will not pick up again until the high inventories in the entire semiconductor value chain have been reduced, explains Andreas Klein, CEO of SGL Carbon.
With depreciation and amortization remaining almost unchanged at 12.8 million (Q1 2024: 13.0 million), EBIT for the first quarter of 2025 was primarily impacted by one-time effects and special items of 17.3 million. This was due to the restructuring of the Carbon Fibers business unit (Q1 2024: 2.5 million). EBIT decreased accordingly from 26.6 million in the same quarter of the previous year to 3.4 million.
Development of the business unitsThe Graphite Solutions (GS) business unit reported sales of 116.7 million in the first quarter of 2025, down 17.4% on the same quarter of the previous year (Q1 2024: 141.3 million). The majority of the decline in sales is attributable to weaker demand in the Semiconductor & LED market segment, which recorded a significant drop in sales of 41.4% ( 30.0 million). The most important customer group here are customers from the silicon carbide-based semiconductors segment, who, as in the second half of 2024, demanded significantly less products in the first quarter of 2025 than in the same periods of the previous year. This is mainly due to electromobility, where growth expectations have declined compared to earlier forecasts, leading to temporarily high inventories at our customers.
The decline in sales had a negative impact on Graphite Solutions adjusted EBITDA. Compared to the previous quarter, adjusted EBITDA fell by 41.0% to 21.6 million (Q1 2024: 36.6 million). This was mainly due to the decline in volume of high-margin products for the semiconductor industry and lower capacity utilization in our production facilities. The adjusted EBITDA margin decreased significantly quarter-on-quarter to 18.5% (Q1 2024: 25.9%).
The Process Technology (PT) business unit confirmed the positive development of the previous year with a 10.6% increase in sales to 36.5 million (Q1 2024: 33.0 million). This encouraging increase was driven in particular by major projects for international customers and a good order situation in the service business. Based on higher capacity utilization and an attractive product mix, adjusted EBITDA for Process Technology improved from 6.9 million in the same quarter of the previous year to 11.0 million. Correspondingly, the adjusted EBITDA margin developed positively, rising from 20.9% to 30.1% in the first quarter of 2025.
Sales in the Carbon Fibers (CF) business unit amounted to 46.7 million in the first quarter of 2025, down from 57.6 million in the same quarter of the previous year. The decline of 10.9 million (-18.9%) is primarily attributable to the further decline in demand from the wind industry and the associated capacity adjustment in the carbon fiber business.
The reduction in logistics, personnel, and energy costs as part of the capacity adjustments had an initial positive impact, leading to an improvement in adjusted EBITDA for the CF business unit of 4.0 million to minus 1.2 million (Q1 2024: minus 5.2 million). It should be noted that the activities accounted for at equity, in particular the joint venture Brembo SGL Carbon Ceramic Brakes (BSCCB), made a positive contribution of 1.7 million to the adjusted EBITDA of the CF reporting segment.
Sales in the Composite Solutions (CS) business unit declined by 19.4% to 29.9 million in the first quarter of 2025 (Q1 2024: 37.1 million). The decline is primarily due to the expiry of a project-related contract with an automotive customer, whose sales were still included in the first quarter of the previous year. As a result of lower volumes and the associated lower capacity utilization, adjusted EBITDA for CS decreased by 2.8 million to 2.7 million compared to the previous quarter (Q1 2024: 5.5 million). Based on the loss of the high-margin customer contract and increasing price pressure from the automotive industry, the adjusted EBITDA margin decreased from 14.8% in the same period of the previous year to 9.0% in Q1 2025.
Restructuring Carbon Fibers business unit About three months ago, we informed about the upcoming restructuring of the Carbon Fibers business unit, which also includes the closure of unprofitable business activities and sites. The first measures already implemented included further global capacity reductions and associated personnel and cost adjustments. On May 5, 2025, we informed the workforce at our Lavradio site about the phased closure of production, reports Dr. Stephan B hler, member of the SGL Carbon Board of Management responsible for this business unit. Lavra
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
01/06/2026
January 6 2026, 05:30 (PST) Dolby Sets the New Standard for Premium Entertainment at CES 2026
Throughout the week, Dolby brings to life the latest innovatio...
02/05/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
01/05/2026
January 5 2026, 18:30 (PST) NBCUniversal's Peacock to Be First Streamer to ...
01/04/2026
January 4 2026, 18:00 (PST) DOLBY AND DOUYIN EMPOWER THE NEXT GENERATON OF CREATORS WITH DOLBY VISION
Douyin Users Can Now Create And Share Videos With Stun...
31/03/2026
By Kiera Williams
Every year, a new group of emerging media and entertainment professionals steps into the HPA community - curious, talented, and ready to grow...
31/03/2026
MELBOURNE, Fla., March 31, 2026 - L3Harris Technologies (NYSE: LHX) will release its first quarter 2026 financial results before the market opens on Thursday, A...
31/03/2026
Photo courtesy of NASA. An illustration shows NASA's Perseverance rover operating on the surface of Mars....
31/03/2026
L3Harris Technologies and Comtech Telecommunications Corp. have collaborated to introduce the next evolution in resilient multi-orbit capability for today's...
31/03/2026
Rebel Sport leads ad investment as brands compete for a large, active and qualit...
31/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
31/03/2026
CueScript, a leading international developer of professional teleprompting solutions, is enhancing its platform with three innovations that elevate flexibility,...
31/03/2026
#GALSNGEAR will host a series of meetups, panel discussions, and networking events during the 2026 NAB Show, taking place April 18 22 in Las Vegas.
The organi...
31/03/2026
At the 2026 NAB Show (April 19-22, Las Vegas Convention Center, Booth #N1328), Imagine Communications is introducing AI assisted scheduling capabilities within ...
31/03/2026
High-density upgrade for mobile fleet and PSSI International Teleport gives PSSI more flexibility for premium live event coverage
PSSI and Appear today announc...
31/03/2026
Solid State Logic Enhances Virtualized System T Platform to Deliver Scalable Clo...
31/03/2026
OWC to Showcase Storage, Workflow Acceleration, and Reliability Solutions for Cr...
31/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
31/03/2026
OpenDrives, a leader in software-defined video and rich media storage management solutions, will demonstrate several new innovations at the 2026 NAB Show in Apr...
31/03/2026
At the 2026 NAB Show, SDVI will demonstrate how its Rally media supply chain management platform continues to give media operations teams the tools they need to...
31/03/2026
Boland Communications today announced that at the 2026 NAB Show, it will introduce its new QD4K315HDR10, a 31.5-inch QD-OLED monitor delivering exceptional colo...
31/03/2026
Dr. Paul Tapper, CEO of NUGEN Audio, will lead an essential industry discussion at the 2026 NAB Show, examining whether dialog intelligibility is poised to beco...
31/03/2026
BCNEXXT will use NAB 2026 to focus on how broadcasters can turn today's operational and market pressures into opportunity. Meeting with customers in the IAB...
31/03/2026
Mediagenix, a global leader in smart content solutions to profitably connect the right content to the right audience, will showcase its latest innovations at th...
31/03/2026
DHD announces that AI-based audio noise reduction is now available as a powerful new option for its XD3 IP Core. Developed in cooperation with ai-coustics, audi...
31/03/2026
PTZOptics will showcase its vision for intelligent video and advanced camera automation at NAB Show 2026 (#N1902). Through immersive demonstrations and technolo...
31/03/2026
Experience Commerce, a leading full-service digital marketing agency and part of the Cheil SWA Group, has secured the social media mandate for ICONIQA Hotels & ...
31/03/2026
Fabric, the entertainment industry's leader in data and operations solutions, will showcase a major expansion of its media technology platform at NAB 2026, ...
31/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
31/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
31/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
31/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
31/03/2026
Boris FX Acquires Vegas Pro, Sound Forge, and Acid Pro
Jessie Electa Petrov March 30, 2026
0 Comments
The acclaimed VFX developer bolsters its award-w...
31/03/2026
Berklee India Exchange Presents Anirudh Varma Collective The collective will present a workshop on Hindustani classical music and a concert in collaboration w...
31/03/2026
Stand #N1311 (North Hall)
April 19-22, 2026
Discover why colourists and DITs rely on Baselight and Daylight v7. Explore the latest updates about Nara, our pla...
31/03/2026
31. March 2026 News
DFT is pleased to announce that three Polar HQ scanners...
31/03/2026
United Utilities has reached a significant milestone in its smart metering programme after installing more than 200,000 in the last twelve months.
Over the nex...
31/03/2026
CERAWeek - dubbed the Davos of energy - is where policymakers, producers, techno...
30/03/2026
Manifold Technologies, a Germany-based provider of cloud infrastructure for live broadcast production, will demonstrate support for 400GbE COTS FPGA accelerator...
30/03/2026
Boland Communications will introduce its QD4K315HDR10, a 31.5-inch QD-OLED monitor, at NAB Show 2026 (Booth C3519, April 18-22). The company is also introducing...
30/03/2026
PTZOptics will demonstrate its Move 4K PTZ cameras and Horizon web-based control platform at NAB Show 2026 (Booth N1902).
Move 4K with Horizon is now available...
30/03/2026
Net Insight will demonstrate the next version of Nimbra Edge, its orchestration and control layer for live media services across multi-domain environments, at N...
30/03/2026
Appear ASA will exhibit at NAB Show 2026 (Booth W1531, April 19-22, Las Vegas). The company completed an IPO in November 2025.
Our customer-first approach is ...
30/03/2026
Harmonic has announced new capabilities for its sports streaming platform, covering multiview, programmatic advertising, in-stream advertising, and content wate...
30/03/2026
Ateme (Booth W1723) will demonstrate broadcast, streaming, and AI-driven media workflow solutions at NAB Show 2026.
GenAI and Agentic AI
Ateme will demonstrat...
30/03/2026
Bitmovin has announced new capabilities for Player Web X, its web video player, ...
30/03/2026
The 2026 NAB Show (April 18-22, exhibits April 19-22, Las Vegas Convention Center) will host Brazil's Minister of Communications, Frederico de Siqueira Filh...
30/03/2026
EVS will exhibit at NAB Show 2026 (Booth N1841), highlighting new products and updates across its live production portfolio, including the debut of T-Motion med...
30/03/2026
Solid State Logic will demonstrate its virtualized System T platform at NAB Show 2026 (Booth C6907). Demonstrations will include the VTE1 virtual DSP engine, ne...
30/03/2026
Globecast will exhibit at NAB Show 2026 (Booth W3335), highlighting its hybrid service model spanning satellite, IP, fiber, and cloud.
The company will demonst...