Earnings before interest, taxes, depreciation and amortization (EBITDA<\/a>) rose 17.1% quarter-on-quarter to 144 million euros ($162.27 million), boosted by the release of around 12 million euros in provisions after the failure of GlobalWafers<\/a>' tender offer on Monday.
GlobalWafers' planned 4.35 billion-euro ($4.89 billion) takeover of Siltronic collapsed as the deal did not receive regulatory approval on time, although the door remained open to another attempt.
\"We now see ourselves in a strong position to remain successful as an independent company,\" Chief Executive Officer Christoph von Plotho said on Wednesday.
Full-year sales rose 16% to 1.405 billion euros, thanks to catch-up effects from 2020, a stronger U.S.<\/a> dollar and slightly higher prices in the second half of the year.
Siltronic said ongoing geopolitical and global economic uncertainties and the COVID-19 pandemic would continue to shape 2022 and warned rising costs and inflation would have a negative impact on earnings.
However, \"megatrends<\/a>\" in the semiconductor industry would increase demand in the mid and long terms, it said, adding that it expects a good start to the year.
\"The company expects a positive market environment and significant price increases in 2022,\" it said in a statement.
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