Wacker Chemie AG
Ansprechpartner: Jörg Hoffmann
Tel.: +49 89-6279-1633
Public disclosure of inside information according to article 17 MAR

Wacker Chemie AG: WACKER releases preliminary figures for fiscal year 2022

München (pta/23.01.2023/14:50 UTC+1)

According to current estimates, Wacker Chemie AG anticipates EBITDA (earnings before interest, taxes, depreciation and amortization) of some €2.1 billion for fiscal year 2022, with sales coming in at about €8.2 billion. As expected, the company achieved new all-time highs in sales and earnings. Full-year EBITDA comes in at the low-end of current Group forecast and market expecta­tions. According to preliminary calculations, WACKER generated EBITDA of around €360 million in Q4 2022 which is 14 percent below the average current market expectations of €420 million (source: Vara Research, January 20, 2023). As in the entire chemical industry, a reduction in customer inventories had a marked influence on WACKER's 4th quarter sales and earnings. This was particularly noticeable in the silicone business. In addition, domestic demand in China remained below potential due to pandemic-related restrictions. Outside China, this has led to increasing import pressure and falling prices. Prices for special­ties, on the other hand, remained largely stable.

WACKER will release final results for fiscal 2022 on March 14, 2023.


Emitter: Wacker Chemie AG
Hanns-Seidel-Platz 4
81737 München
Contact Person: Jörg Hoffmann
Phone: +49 89-6279-1633
ISIN(s): DE000WCH8881 (Share)
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