February 1, 2017 / 6:17 AM / 3 years ago

BRIEF-Siltronic sees sales at least 1 bln eur in 2017, price talks going well

Feb 1 (Reuters) - Siltronic Ag

* Says preliminary sales for 2016 of eur 933 million stable on prior-year level

* Says preliminary ebitda improves to eur 146 million (2015: eur 124 million)

* Says sales of at least eur 1 billion expected for 2017

* Says price negotiations are going well

* Says expects savings of around eur 20 million to eur 25 million in 2017

* Says anticipates negative exchange rate effects resulting from currency hedging in 2017

* Says effects should be in region of eur 10 million Source text for Eikon: Further company coverage:

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