Annual Report 2012 - Wacker Chemie AG


Annual Report 2012

  • SALES OF €4.63 BILLION IN 2012 ALMOST 6 PERCENT BELOW PREVIOUS YEAR, WITH EBITDA REACHING €787 MILLION
  • GROUP AIMS TO GENERATE FULL-YEAR 2013 SALES AT YEAR-EARLIER LEVEL
  • CHEMICAL BUSINESS EXPECTED TO POST FURTHER SALES AND EARNINGS GROWTH IN CURRENT YEAR
  • 2013 GROUP EBITDA PROJECTED BELOW PRIOR YEAR AMID LOWER POLYSILICON PRICES
  • CAPITAL EXPENDITURES IN 2013 WILL BE JUST UNDER €600 MILLION, AFTER 2012’S RECORD €1.1 BILLION


in € million
Q4 2012 Q4 2011 Change
in %
2012 2011 Change
in %
Sales 1,017.2 1,011.6 0.6 4,634.9 4,909.7 -5.6
EBITDA (1) 130.2 110.8 17.5 786.8 1,104.2 -28.7
EBITDA margin (2) 12.8% 11.0% - 17.0% 22.5% -
EBIT (3) -5.4 -55.0 -90.2 258.0 603.2 -57.2
EBIT margin (2) -0.5% -5.4% - 5.6% 12.3% -
Financial result -20.3 -8.9 >100 -64.8 -35.8 81.0
Income before taxes -25.7 -63.9 -59.8 193.2 567.4 -65.9
Net income attributable to Wacker Chemie AG shareholders -20.7 -79.5 -74.0 106.8 356.1 -70.0
Earnings per share in € -0.25 -1.66 -84.9 2.27 7.10 -68.0
Investment (incl. financial assets) 254.9 337.2 -24.4 1,095.4 981.2 11.6
Net cash flow(5) -241.3 -261.5 17.5 -536.2 6.2 >100
in € million Dec 31, 2012 Dec 31, 2011
Equity 2,617.8 2,629.7
Financial liabilities 1,197.2 777.9
Net financial receivables/liabilities (4) 700.5 -95.7
Total assets 6,329.9 6,237.0
Employees (number at end of period) 16,292 17,168
(1) EBITDA is EBIT before depreciation and amortization.
(2) Margins are calculated based on sales.
(3) EBIT is the result from continuing operations for the period before interest and other financial results, and income taxes.
(4) Sum of cash and cash equivalents, noncurrent and current securities, and noncurrent and current financial liabilities.
(5) Sum of cash flow from operating activities (excluding changes in advanced payments received) and cashflow from noncurrent investment activities (before securities), incl. additions due to finance leases.

Annual Press Conference

pressconference

Here you can find a recording of the Annual Press Conference on March 18, 2014.

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.