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The centrotherm Group posted a satisfactory first half of 2025, which developed in line with its own expectations. Group revenues rose from EUR 56.7 million to EUR 106.4 million. Business with customers in the semiconductor industry in particular contributed significantly to this positive development with revenues of EUR 71.2 million (previous year: EUR 45.1 million).
Once again, Asia proved to be the most important sales market in geographical terms, accounting for around 72% of sales. Total operating performance reached EUR 96.3 million, compared with EUR 142.6 million in the same period of the previous year, and was therefore also in line with the company’s own expectations.
On the earnings side, consolidated EBITDA increased from EUR 3.4 million to EUR 14.7 million. The bottom line climbed from EUR 1.3 million to EUR 9.9 million. In line with the positive earnings development, consolidated equity rose from EUR 109.3 million to EUR 118.6 million, corresponding to an equity ratio of 28.2% (December 31, 2024: 27.5%). Cash and cash equivalents increased from EUR 96.0 million to EUR 160.1 million, supported by a significantly posi-tive operating cash flow of EUR 65.8 million (previous year: EUR -8.7 million).
Order intake amounted to EUR 49.1 million in the reporting period, compared with EUR 86.9 million in the previous year. At EUR 40.2 million, the majority of this came from the semiconductor industry. The order backlog totaled EUR 395.1 million as of June 30, 2025 (December 31, 2024: EUR 458.0 million).
In view of the current challenging market conditions, the Management Board is satisfied with the business performance in the first half of 2025. Accordingly, the forecast for the full year is confirmed: The Group continues to expect total operating performance to range between EUR 150 million and EUR 230 million, positive EBITDA in the low double-digit million euro range, and order intake of between EUR 60 million and EUR 120 million.
Original – centrotherm
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Two cluster tools of centrotherm’s new generation horizontal furnace c.HORICOO 300 will be integrated into Renesas’ 300 mm wafer production line in Kofu, Japan (Yamanashi Prefecture). Renesas Electronics Corporation is one of the global leading semiconductor manufacturers headquartered in Japan, that provides microcontrollers, analog devices and power semiconductors for automotive and industrial applications. Renesas is the first manufacturer in Japan to use the fully automated, high-throughput production solution in mass production.
The 8-tube cluster c.HORICOO 300 is designed for oxidation and annealing processes on 300 mm silicon wafers. With its fully automated wafer and boat handling, the system offers a reduction in total cost of ownership of up to 50% compared to vertical furnace solutions with a significant improvement in yield. After the market launch and evaluation phase in 2018, the high-throughput system cluster is already integrated in the production lines of well-known European customers. Due to the sales success at Renesas, we expect a pull effect with Japanese power-semiconductor device makers as well as with the leading Asian manufacturers.
From 2024, Renesas will start production of its new generation IGBTs at its Kofu fab. This is where transistors for the next generation of inverters for electric vehicles are produced, which are expected to achieve considerable savings in battery power and thus significantly increase the driving range.
“The c.HORICOO 300 is an important component for the expansion of our power semiconductor fab for 300-mm wafers. centrotherm is one of the leading suppliers of thermal process technology for the semiconductor industry, and we look forward to deepening our relationship as well as collaborating in the coming years,” said Kojiro Horita, Senior Director of Power Device Project Office, Production and Technology Unit, Renesas Electronics Corporation.
Original – centrotherm
