Quarterly Report

| Zum Hauptmenu.
| Zum Bereichsmenu.
| Zur Metanavigation.
| Zur Suche.
| Direkt zum Inhalt.

www.wacker.com

Creating Tomorrow's Solutions

Quarterly ReportQuarterly Report


3rd quarter 2008

Quarterly Report 3/2008
  • In Q3 2008, Group Sales Increased 21 Percent to €1.16 Billion
  • Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) Grew 21 Percent to €328 Million in Q3, EBITDA Margin Reached 28.3 Percent
  • Q3 Earnings Per Share Rose 28 Percent Year-On-Year to €3.44
  • Full-Year 2008 Forecast Remains Unchanged: WACKER Expects Sales Growth Clearly above 10 Percent and a Higher EBITDA
WACKER achieved Q3 2008 sales of €1,156.9 million (Q3 2007: €958.5m) – a year-on-year gain of 21 percent. In the first nine months of 2008, Group sales surpassed the three-billion-euro mark for the first time ever, at €3.30 billion (2007: €2.86bn) – a rise of 15 percent. Compared to Q2 2008 (€1.12bn), Group sales rose 3 percent. Thus, WACKER remains firmly on its growth course despite challenging economic headwinds.

in € million		 Q3 2008 Q3 2007 Change
in %		 9M
2008		 9M
2007		 Change
in %
Sales 1,156.9 958.5 21 3,299.4 2,861.2 15
EBITDA (1) 327.5 269.9 21 936.5 796.2 18
EBITDA margin (2) 28.3% 28.2% 1 28.4% 27.8% 2
EBIT (3) 237.9 186.8 27 661.5 552.9 20
EBIT margin (2) 20.6% 19.5% 6 20.0% 19.3% 4
Financial result -4.6 -6.1 -25 -8.5 -17.7 -52
Income before taxes 233.3 180.7 29 653.0 535.2 22
Net income attributable to Wacker Chemie AG shareholders 170.8 120.6 42 454.2 365.1 24
Earnings per share in € 3.44 2.43 42 9.14 7.35 24
Investment (incl. financial assets) 219.3 144.5 52 546.2 416.2 31
Investments in acquisitions 0.0 0.0 n.a. 171.2 0.0 n.a.
Net cash flow 86.0 257.0 -67 187.5 603.3 -69
(1) EBITDA is EBIT before depreciation and amortization.
(2) Margins calculated based on sales.
(3) EBIT is the result from continuing operations for the period before interest and other financial result, limited partnership interests, and income tax.

in € million		 September 30,
2008		 September 30,
2007		 December 31,
2007
Equity 2,080.1 1,815.4 1,865.6
Financial liabilities 306.8 293.8 217.8
Provisions for pensions 387.1 363.8 369.2
Net financial debt -188.8 -100.6 -148.7
Total assets 4,605.1 3,852.3 3,918.1
Employees (number at end of period) 15,843 14,969 15,044
Results by Business Divisions
Further Information

Downloads

Links

Your Contact

Jörg Hoffmann
Head of Investor Relations

Tel. +49 89 6279-1633
Fax +49 89 6279-2933
Contact

Note

This website contains forward looking statements based on assumptions and estimates of WACKER's Executive Board. Although we assume the expectations in these forward looking statements are realistic, we cannot guarantee they will prove to be correct. The assumptions may harbor risks and uncertainties that may cause the actual figures to differ considerably from the forward looking statements. Factors that may cause such discrepancies include, among other things, changes in the economic and business environment, variations in exchange and interest rates, the introduction of competing products, lack of acceptance for new products or services, and changes in corporate strategy. WACKER does not plan to update the forward looking statements, nor does it assume the obligation to do so.