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Wacker Chemie AG

WCHG.DE

Latest Trade

61.60EUR

Change

-0.42(-0.68%)

Volume

135,332

Today's Range

61.42

 - 

63.06

52 Week Range

57.86

 - 

97.92

As of on the XETRA ∙ Minimum 15 minute delay

Latest Developments

Wacker Chemie To Take Impairment On Fixed Assets

Dec 5 (Reuters) - WACKER CHEMIE AG <WCHG.DE>::INTENDS TO TAKE AN IMPAIRMENT ON FIXED ASSETS.TO TAKE AN IMPAIRMENT OF AROUND EUR 750 MILLION ON CARRYING AMOUNT OF ITS PRODUCTION FACILITIES FOR HYPERPURE POLYSILICON.WRITE-DOWN STEMS FROM CONTINUED ABSENCE OF RECOVERY IN SOLAR-GRADE POLYSILICON PRICES DUE TO HIGH OVERCAPACITY CREATED BY CHINESE MANUFACTURERS.IMPAIRMENT WILL REDUCE VALUE OF PROPERTY, PLANT AND EQUIPMENT IN CONSOLIDATED STATEMENT OF FINANCIAL POSITION.IMPAIRMENT WILL ALSO REDUCE GROUP EBIT, WACKER POLYSILICON'S EBIT, AND GROUP'S NET RESULT FOR YEAR.FOR 2019, WACKER NOW EXPECTS A NET RESULT OF AROUND EUR -750 MILLION (PREVIOUS GUIDANCE: SLIGHTLY POSITIVE NET INCOME).

Wacker Chemie Says Adjusted Operating Profit Fell Significantly in Q3

Oct 24 (Reuters) - Wacker Chemie AG <WCHG.DE>::Q3 NET PROFIT 86 MILLION EUR.Q3 EBITDA 272.9 MILLION EUR.Q3 SALES ROSE 2 PERCENT TO 1.27 BILLION EUR.DGAP-NEWS: WACKER CHEMIE AG: WACKER ENDS Q3 2019 WITH SALES AND EARNINGS GAINS.GROUP SALES REACH EUR1.27 BILLION IN Q3 2019, UP 2 PERCENT YEAR OVER YEAR AND ON PAR WITH PRECEDING QUARTER.NET INCOME FOR Q3 2019 IS EUR86 MILLION.AT EUR273 MILLION, EBITDA CLIMBS 13 PERCENT YEAR OVER YEAR AND 30 PERCENT QUARTER OVER QUARTER DUE TO SPECIAL INCOME FROM INSURANCE COMPENSATION.AS ALREADY ANNOUNCED, WACKER LOWERED ITS GUIDANCE FOR FULL-YEAR 2019.ALTHOUGH WE POSTED STRONG EBITDA GROWTH IN Q3, THIS WAS DUE TO SPECIAL INCOME.IN OPERATING TERMS, EBITDA FELL QUITE SIGNIFICANTLY VERSUS BOTH LAST YEAR AND A QUARTER AGO.WE HAVE STARTED WORK ON A COMPREHENSIVE PROGRAM TO WEATHERPROOF OUR EARNINGS AND COMPETITIVENESS.

Wacker Chemie Lowers Guidance For 2019

Oct 15 (Reuters) - Wacker Chemie AG <WCHG.DE>::DGAP-ADHOC: WACKER CHEMIE AG: WACKER LOWERS GUIDANCE FOR 2019.GROUP SALES FOR 2019 ARE LIKELY TO BE ON PAR WITH LAST YEAR (PREVIOUS GUIDANCE: MID-SINGLE-DIGIT PERCENTAGE INCREASE).FY EBITDA SEEN TO BE SOME 30% BELOW LAST YEAR'S LEVEL (PREVIOUS GUIDANCE: 10 TO 20 PERCENT LOWER THAN A YEAR AGO).FULL-YEAR NET INCOME IS EXPECTED TO BE SLIGHTLY POSITIVE (PREVIOUS GUIDANCE: SUBSTANTIALLY LOWER THAN LAST YEAR).FY NET CASH FLOW SHOULD BE CLEARLY POSITIVE, BUT LOWER THAN LAST YEAR.WACKER'S FORECAST HAS NOT CHANGED FOR FY EBITDA MARGIN.PRELIM GROUP SALES FOR Q3 2019 AMOUNT TO ABOUT EUR1,270 MILLION.EXPECTS THIRD-QUARTER EBITDA OF AROUND EUR270 MILLION.

Wacker Chemie Acquires 25% Stake In UK Battery Materials Specialist Nexeon

Sept 12 (Reuters) - Wacker Chemie AG <WCHG.DE>::DGAP-NEWS: WACKER CHEMIE AG: WACKER ACQUIRES A STAKE IN UK BATTERY MATERIALS SPECIALIST NEXEON.IS ACQUIRING A 25 PERCENT STAKE IN UK SPECIALIST FOR NEW BATTERY MATERIALS. WACKER AND NEXEON HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE.

Wacker Chemie Q2 Net Income Down 55.4% To EUR 37 Million

Aug 1 (Reuters) - Wacker Chemie AG <WCHG.DE>::Q2 NET PROFIT 37 MILLION EUR.Q2 EBIT 70.7 MILLION EUR VERSUS 125 MILLION EUR YEAR AGO.NET INCOME FOR Q2 2019 AMOUNTS TO EUR37 MILLION.FULL-YEAR FORECAST UNCHANGED.GROUP SALES FOR Q2 2019 COME IN AT EUR1.27 BILLION, DOWN 5 PERCENT YEAR OVER YEAR, BUT UP 3 PERCENT QUARTER OVER QUARTER.Q2 EBITDA (EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION) OF EUR210.7 MILLION.

Wacker Chemie Confirms 2019 Sales And Earnings Forecast

May 23 (Reuters) - Wacker Chemie AG <WCHG.DE>::DGAP-NEWS: WACKER CHEMIE AG: ANNUAL SHAREHOLDERS' MEETING 2019: WACKER EXPECTS TO POST CONTINUED GROWTH IN CURRENT FISCAL YEAR.2019 SALES AND EARNINGS FORECAST AFFIRMED.

Wacker Chemie Says EBITDA Down 44 Pct In Q1

April 25 (Reuters) - Wacker Chemie AG <WCHG.DE>::DGAP-NEWS: WACKER CHEMIE AG: WACKER LIFTS ITS SALES IN Q1 2019 AND CONFIRMS FULL-YEAR FORECAST.GROUP SALES FOR Q1 2019 REACH EUR1.24 BILLION, UP 2 PERCENT YEAR OVER YEAR AND 4 PERCENT QUARTER OVER QUARTER.AT EUR142 MILLION, EBITDA DECLINES 44 PERCENT VERSUS A YEAR AGO AND 18 PERCENT QUARTER OVER QUARTER, SLOWED BY LOWER POLYSILICON PRICES, HIGHER ENERGY COSTS AND A TEMPORARY OUTAGE AT A SILICONE-RUBBER PLANT.NET RESULT FOR Q1 2019 AMOUNTS TO EUR-6 MILLION.AT EUR-135 MILLION, NET CASH FLOW IS CLEARLY NEGATIVE, DUE PARTLY TO HIGHER CAPITAL EXPENDITURES AND INCREASED WORKING CAPITAL.FULL-YEAR FORECAST CONFIRMED: GROUP SALES FOR 2019 EXPECTED TO GROW BY A MID-SINGLE-DIGIT PERCENTAGE, WITH EBITDA LIKELY TO DECLINE BY 10 TO 20 PERCENT VERSUS LAST YEAR.

Wacker Chemie Sees Two-Digit Sales Growth In Silicones Division In 2019

April 18 (Reuters) - Wacker Chemie AG <WCHG.DE>::FOR 2019, WACKER SILICONES DIVISION ANTICIPATES TWO-DIGIT SALES GROWTH IN SPECIALTIES AND PRICE STABILIZATION IN STANDARD PRODUCTS, WITH SUPPLY AND DEMAND BECOMING MORE BALANCED.FOR 2019, WACKER POLYMERS DIVISION EXPECTS ADDITIONAL GROWTH OPPORTUNITIES.

Wacker Chemie: "2019 Is Not Going To Be An Easy Year"

March 19 (Reuters) - Wacker Chemie AG <WCHG.DE>::FY EBIT 389.6 MILLION EUR VERSUS 423.7 MILLION EUR YEAR AGO.FY SALES ROSE 1 PERCENT TO 4.98 BILLION EUR.EBITDA DECLINES 8 PERCENT TO EUR930 MILLION DUE TO AS-YET PENDING INSURANCE COMPENSATION FOR LOSS EVENT AT SITE IN TENNESSEE.INCOME FROM CONTINUING OPERATIONS GROWS BY 4 PERCENT TO EUR260 MILLION.DIVIDEND PROPOSAL OF EUR2.50 PER SHARE EQUIVALENT TO A PAYOUT OF EUR124 MILLION.FOR 2019, WACKER EXPECTS SALES TO CLIMB BY A MID-SINGLE-DIGIT PERCENTAGE, WITH EBITDA 10 TO 20 PERCENT LOWER THAN A YEAR EARLIER.AIMS TO LIFT ITS SALES BY A MID-SINGLE-DIGIT PERCENTAGE.GROUP'S EBITDA IS LIKELY TO DECLINE 10 TO 20 PERCENT COMPARED WITH 2018.THIS IS DUE TO LOWER AVERAGE PRICES FOR POLYSILICON, DECREASING PRICES FOR STANDARD PRODUCTS, AND RISING ENERGY COSTS.NET INCOME IS PROJECTED TO BE SIGNIFICANTLY LOWER THAN A YEAR AGO.CHEMICAL DIVISIONS' TOTAL SALES FOR FIRST TWO MONTHS CLIMBED SOMEWHAT VERSUS SAME PERIOD LAST YEAR, FUELED BY VOLUME GROWTH.FOR Q1 2019, WACKER EXPECTS TOTAL GROUP SALES TO BE AT LAST YEAR'S LEVEL (Q1 2018: EUR1.22 BILLION).GROUP EBITDA IN Q1 2019 IS LIKELY TO CONTRACT MARKEDLY, AS LOWER AVERAGE PRICES FOR COMPANY'S PRODUCTS AND SIGNIFICANTLY HIGHER ENERGY PRICES ARE WEIGHING ON EARNINGS.CEO - FROM TODAY'S PERSPECTIVE, 2019 IS NOT GOING TO BE AN EASY YEAR.IN 2018, WACKER CHEMIE AG POSTED A RETAINED PROFIT OF EUR1,482.3 MILLION UNDER GERMAN COMMERCIAL CODE ACCOUNTING RULES.

Wacker Chemie Issues Guidance For 2019

March 5 (Reuters) - WACKER CHEMIE AG <WCHG.DE>::ISSUES GUIDANCE FOR 2019.EXPECTS GROUP SALES TO CLIMB BY A MID-SINGLE-DIGIT PERCENTAGE VERSUS LAST YEAR'S EUR4.98 BILLION.2019 EBITDA WILL BE BETWEEN 10 AND 20 PERCENT LOWER THAN LAST YEAR'S FIGURE (EUR930 MILLION).EXPECTS NET CASH FLOW FOR 2019 TO BE CLEARLY POSITIVE AND SIGNIFICANTLY HIGHER THAN LAST YEAR'S FIGURE (EUR125 MILLION).SIGNIFICANT CONTRIBUTING FACTOR TO PROJECTED EBITDA DECLINE ARE LOWER AVERAGE PRICES ANTICIPATED FOR POLYSILICON THIS YEAR.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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