München (pta/13.06.2022/19:45 UTC+2)
Munich, June 13, 2022 – According to current estimates, Wacker Chemie AG anticipates EBITDA (earnings before interest, taxes, depreciation and amortization) of some €600 million for Q2 2022, with sales coming in at about €2.1 billion. That represents an EBITDA substantially above current average market expectations of €498 million (source: Vara Research, June 7, 2022).
As a consequence, WACKER will revise its full-year earnings forecast for 2022 in the coming weeks and adjust it upward accordingly, taking into account both currently sustained strong customer demand and risks stemming from rising energy and raw material prices as well as from geopolitical developments. According to current planning, the company will publish its revised full-year forecast in its half-year report on July 28, 2022.
Wacker Chemie AG
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