)
SGL Carbon (SGL) investor relations material
SGL Carbon Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Sales for the first nine months of 2025 declined 16.5% year-over-year to €652.9 million, mainly due to weak semiconductor and automotive demand, restructuring in Carbon Fibers, and high customer inventories.
EBITDA pre fell 14.9% to €108.6 million, but the margin improved slightly to 16.6% from 16.3% last year, supported by cost-saving measures.
Net result was negative at €-51.3 million, primarily due to €81 million in non-recurring restructuring and impairment costs.
Major restructuring in Carbon Fibers included site closures and discontinuation of loss-making activities, leading to €25 million in cost savings and a workforce reduction.
Free cash flow remained positive at €12.5 million despite restructuring expenses, and the balance sheet stayed robust.
Financial highlights
Sales dropped by €130 million year-over-year, with the main impact from the semiconductor and LED business line.
EBITDA pre fell by €19.2 million, but margin increased due to cost-saving measures.
Net result impacted by €81.7 million in non-recurring restructuring costs and €34 million in carbon fiber impairments.
Equity ratio stood at 39.7%, leverage ratio at 0.8, and ROCE at 9.7%.
Free cash flow was positive at €12.5 million, with net financial debt at €116.5 million.
Outlook and guidance
2025 guidance confirmed: sales expected to be 10–15% lower than previous year, with EBITDA pre between €130–150 million.
Free cash flow expected to remain positive but significantly below prior year.
Market recovery in semiconductors anticipated after a two-year slowdown, with confidence in long-term demand from e-mobility and data centers.
New corporate strategy to be communicated with 2025 results in March 2026.
Next SGL Carbon earnings date
Next SGL Carbon earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage