Wacker Chemie AG : Preliminary Q4 – A weak finish on customer destocking, restrictions in China, no major surprises; strong 10% dividend yield a support
>Preliminary FY 2022 EBITDA at low-end of € 2.1-2.3bn guidance range, in-line with our / -3% vs the consensus - Wacker Chemie reported its preliminary results during the day, this came as a surprise as these results were expected on Thursday 26 January. At € 2,085m group EBITDA came in at the low-end of the € 2.1-2.3bn guidance range, 3% below the consensus forecast of € 2,148m but more or less in line with our forecast of € 2,107m.Implied Q4 EBITDA of € ...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.