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In Q3 2020, Wacker Chemie AG posted substantial sales and EBITDA growth versus a quarter ago but did not match its year-earlier figures.
Rudolf Staudigl, President and CEO of the Munich-based chemical group, discussed the pandemic’s economic effects in his speech, which had been published in advance on the WACKER website and delivered live to shareholders during the virtual meeting.
Wacker Chemie AG finished Q2 2020 with total sales and EBITDA declining versus the same period last year.
Due to the ongoing corona pandemic, Wacker Chemie AG has decided to hold a virtual Annual Shareholders’ Meeting this year, without the physical presence of its shareholders or their proxies.
Wacker Chemie AG’s total sales in Q1 2020 declined slightly versus a year ago, but its EBITDA was substantially higher, both year over year and quarter over quarter.
