Wacker Chemie AG : Q1 EBITDA of € 172m, 15% above css on 'other', but operationally in line; group outlook confirmed, css already at upper end
>Q1 EBITDA of € 172m 15% above consensus of € 150m, but operationally in line - Wacker Chemie reported Q1 group results, with sales of € 1,490m (css € 1,501m) down 15% y-o-y fuelled by a 9% drop in Chemicals (Silicones/Polymers), sales and prices driven 32% y-o-y (- 1% q-o-q), drop in PolySi sales. Group volumes improved 4% y-o-y in Q1 (Q4: -3%). Group EBITDA of € 172m (css/ODDO BHF € 150m/€ 145m) was 15% above the consensus (+8% at chemicals, -17% at PolySi) and up ...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.