Quarterly Report
3rd quarter 2010
- WACKER Achieves New Sales Record of €1.27 Billion in Q3 2010 thanks to strong and sustained Customer Demand
- EBITDA Grows by 85 Percent to €340 Million in Third Quarter
- Q3 Net Income Rises to €156 Million
- Net Cash Flow of €192 Million More Than Double the Prior-Year Figure
- Full-Year 2010 Sales Expected at Well Above €4.6 Billion, with EBITDA Exceeding €1.1 Billion
in € million |
Q3 2010 |
Q3 2009 |
Change in % |
9M 2010 |
9M 2009 |
Change in % |
| Sales |
1,269.5 |
986.5 |
28.7 |
3,538.5 |
2,784.5 |
27.1 |
| EBITDA (1) |
340.0 |
184.0 |
84.8 |
902.3 |
511.9 |
76.3 |
| EBITDA margin (2) |
26.8% |
18.7% |
43.3 |
25.5% |
18.4% |
38.6 |
| EBIT (3) |
234.3 |
82.9 |
>100 |
592.7 |
87.4 |
>100 |
| EBIT margin (2) |
18.5% |
8.4% |
>100 |
16.8% |
3.1% |
>100 |
| Financial result |
-11.7 |
-6.6 |
77.3 |
-24.0 |
-20.0 |
20.0 |
| Income before taxes |
222.6 |
76.3 |
>100 |
568.7 |
67.4 |
>100 |
| Net income attributable to Wacker Chemie AG shareholders |
155.8 |
35.9 |
>100 |
397.1 |
-33.1 |
n.a. |
| Earnings per share in € |
3.13 |
0.68 |
>100 |
7.98 |
-0.62 |
n.a. |
| Investment (incl. financial assets) |
215.5 |
171.8 |
25.4 |
454.7 |
542.9 |
-16.2 |
| Investments in acquisitions |
66.1 |
- |
n.a. |
66.1 |
- |
n.a. |
| Net cash flow(4) |
192.4 |
92.7 |
>100 |
302.5 |
53.4 |
>100 |
(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 and income tax. (4) Sum of cash flow from operating activities and noncurrent investment activities (5) Sum of liquidity and noncurrent and current financial liabilities |
in € million |
September 30, 2010 |
September 30, 2009 |
December 31, 2009 |
| Equity |
2,341.6 |
1,984.7 |
1,942.4 |
| Financial liabilities |
470.1 |
517.9 |
439.7 |
| Net financial debt(5) |
-152.0 |
50.2 |
76.1 |
| Total assets |
5,233.0 |
4,734.4 |
4,541.9 |
| Employees (number at end of period) |
16,184 |
15,685 |
15,618 |