Wacker Chemie AG : ‘All-in' outlook raised strongly to € 2.05bn mid-point, 11% above cons, incl. € 200-250m prudent provision for gas curtailment scenarios
>Final Q2 confirm already strong prelims, outlook 11% above consensus - Wacker Chemie's final Q2 results with EBITDA of € 626m confirmed preliminary headline figures reported 13 June when EBITDA of 'some € 600m' came in 20% ahead of consensus and only slightly down q-o-q vs. € 644m in Q1 22. Indicated guidance raise back then now points to a strong € 1.8bn-€2.3bn guidance range, with mid-point 11% above consensus of € 1,845m. Final Q2-EBITDA of € 626m, in...Wacker Chemie is active in chemical products. Co. operates in five divisions: Wacker Silicones, which provides products ranging from silicone fluids and emulsions, resins, elastomers and sealants, to silanes and pyrogenic silica grades; Wacker Polymers, which manufactures binders and polymeric additives (such as dispersible polymer powders and dispersions); Wacker Biosolutions, which supplies customized biotech and catalog products for the fine-chemical sector; Wacker Polysilicon, which produces hyperpure polysilicon for the semiconductor, electronics and above all, solar sectors; and Siltronic, which supplies semiconductor manufacturers with silicon wafers.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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