German Automotive Sector Weighs on The Dax, Aixtron Shares Plunge Over 10%
German DAX drops nearly 1% in the last session of the week, DE40 futures down 0.25%
- German automotive stocks under pressure amid fears of 25% U.S. tariffs; BMW and Porsche AG down 2.5%.
- Mercedes-Benz to lay off 15% of its workforce in China.
- Aixtron shares slump over 10% after earnings and forecasts fail to meet market expectations.
- Onshore wind turbine supplier Nordex declines over 1%, as its guidance falls within the mid-range of expectations.
European stock market sentiment remains subdued today, with DAX facing strong resistance. Currently, DE40 futures are testing the lower boundary of the upward channel observed since January 2025. Bulls are struggling to hold above the 200-hour EMA (around 22,600 points).
Source: xStation5
German car manufacturers, Zalando and Symrise are the weakest stocks in DAX today, while Rheinmetall and Beiersdorf rise. Outside the DAX, defense supplier Hensoldt and Thyssenkrupp are seeing gains. Source: Bloomberg Finance L.P.
The European stock market is seeing declines in the automotive sector, while Rolls-Royce surges nearly 17%, benefiting from strong defense orders. Source: xStation5
Aixtron Faces Worst Session Since February 2024, Testing Multi-Year Lows
Semiconductor solutions provider Aixtron forecasts 2025 revenue between €530 million and €600 million, likely falling below the 2024 level of €633.2 million.
2025 Earnings and Forecasts:
- Expected revenue: €530M – €600M (Bloomberg estimate: €574.9M, LSEG: €582M)
- EBIT: €131.2M (Estimate: €137.4M) vs. €156.8M in the previous year
- Earnings per share: €0.94 (Estimate: €1.04)
- Gross margin: 41% (Estimate: 42.7%)
In Q1 2025, the company expects sales between €90M – €110M, compared to €118.3M in Q1 2024. The gross margin and EBIT forecast include costs related to a voluntary workforce reduction program, totaling several million euros (mid-single-digit range). This measure is expected to yield annual savings of several million euros, improving the gross margin and EBIT by about 1 percentage point.
Aixtron cited challenging market conditions, reporting a 16% drop in operating profit, putting its stock on track for its worst day in a year. The semiconductor sector remains under pressure, as rising demand from AI fails to offset weaker demand for automotive, PC, and memory chips.
Aixtron (AIXA.DE) Chart
Aixtron shares are now trading nearly 40% below the 200-day EMA, testing levels last seen in 2020.
Source: xStation5
The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided for information purposes only and should in no way be construed as an offer or solicitation for a transaction in any financial instrument, nor should the information provided be construed as advice of a legal or financial nature on which any investment decisions you make should be based exclusively To your level of understanding, investment objectives, financial situation, or other specific needs, any decision to act on the information published on the Website or sent to you by other means is entirely at your own risk if you In doubt or unsure about your understanding of a particular product, instrument, service or transaction, you should seek professional or legal advice before trading. Investing in CFDs carries a high level of risk, as they are leveraged products and have small movements Often the market can result in much larger movements in the value of your investment, and this can work against you or in your favor. Please ensure you fully understand the risks involved, taking into account investments objectives and level of experience, before trading and, if necessary, seek independent advice.
