Key Points – First-half revenue fell 30% to about €394 million, largely due to the exit from loss-making carbon fiber operations and weak demand in silicon carbide and industrial markets.
Despite lower sales, EBITDA pre declined only 3.7% to roughly €70 million, aided by €29 million in semiconductor-contract compensation payments. – Segment performance was mixed: Graphite Solutions’ EBITDA pre rose 14.2% to €46.6 million, while Process Technology revenue and EBITDA fell sharply amid delayed chemical-industry investments
Fiber Composites improved profitability after restructuring, with EBITDA pre rising to nearly €19 million despite a significant sales decline. – SGL Carbon returned to €11.8 million of net income, generated €31.4 million in free cash flow and reduced net debt by nearly €20 million, bringing leverage to 0.6. Management maintained its 2026 guidance and said it remains on track with the SGL Growth 2030 strategy, including expansion in nuclear graphite, aerospace and defense applications. SGL Carbon (ETR:SGL) reported lower first-half revenue for 2026 as the company’s exit from loss-making carbon fiber operations and weak demand in certain industrial markets weighed on sales.
However, the company said profitability, cash flow and its balance-sheet position remained resilient, supported in part by compensation payments tied to renegotiated semiconductor supply contracts. Total group sales declined 30% to approximately €394 million in the first six months of 2026, from €453 million a year earlier. Chief Financial Officer Thomas Dippold said roughly €50 million of the decline reflected the discontinued Carbon Fiber business, including the closure of the Lavradio site in the prior-year period and the subsequent idling of capacity in Moses Lake, U.S.