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Munich, Jun 13, 2022

WACKER expects EBITDA for Q2 2022 to be above market expectations

  • Disclosure of Insider Information as per Article 17 of MAR
  • Wacker Chemie AG / Financial Results
  • WACKER expects EBITDA for Q2 2022 to be above market expectations

According to current estimates, Wacker Chemie AG anticipates EBITDA (earnings before interest, taxes, depreciation and amortization) of some €600 million for Q2 2022, with sales coming in at about €2.1 billion. That represents an EBITDA substantially above current average market expectations of €498 million (source: Vara Research, June 7, 2022).

As a consequence, WACKER will revise its full-year earnings forecast for 2022 in the coming weeks and adjust it upward accordingly, taking into account both currently sustained strong customer demand and risks stemming from rising energy and raw material prices as well as from geopolitical developments. According to current planning, the company will publish its revised full-year forecast in its half-year report on July 28, 2022.

Contact

Contact

Wacker Chemie AG
Gisela-Stein-Straße 1
D-81671 München

Jörg Hoffmann
Tel. +49 89 6279-1633
Email investor.relations@wacker.com

Additional Information

ISIN: DE000WCH8881
WKN: WCH888
Deutsche Boerse : WCH
Ticker Bloomberg CHM/WCK.GR
Ticker Reuters CHE/WCHG.DE
Listing: Frankfurt Stock Exchange (Frankfurter Wertpapierbörse), Official Market (Prime Standard)

Disclaimer:

This publication 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 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 its forward-looking statements, nor does it assume the obligation to do so.

This document includes supplemental financial measures (not clearly defined in the applicable financial reporting framework) that are or may be alternative performance measures (APM). These supplemental financial measures should not be viewed in isolation or as alternatives to measures of WACKER’s net assets and financial positions or results of operations as presented in accordance with the applicable financial reporting framework in its Consolidated Financial Statements. Other companies that report or describe similarly titled alternative performance measures may calculate them differently. Explanations of financial measures used can be found in the Annual Report of Wacker Chemie AG which is available for download under www.wacker.com.

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