Annual Report 2013 - Wacker Chemie AG


Annual Report 2013

Annual Report 2013

  • SALES OF €4.48 BILLION IN 2013 ABOUT 3 PERCENT BELOW PREVIOUS YEAR, WITH EBITDA REACHING €679 MILLION
  • FULL-YEAR GROUP SALES 2014 EXPECTED TO RISE BY A MID-SINGLE-DIGIT PERCENTAGE
  • HIGHER VOLUMES AND SALES FORECAST ACROSS ALL BUSINESS DIVISIONS
  • WACKER EXPECTS EBITDA TO INCREASE BY AT LEAST 10 PERCENT YEAR ON YEAR, WITH GROUP NET INCOME FORECAST TO IMPROVE, TOO
  • INVESTMENTS TO TOTAL SOME €550 MILLION IN 2014 – BALANCED NET CASH FLOW PROJECTED


in € million
Q4 2013 Q4 2012 * Change
in %
2013 2012 * Change
in %
Sales 1,086.9 1,017.2 6.9 4,478.9 4,634.9 -3.4
EBITDA (1) 158.1 133.9 18.1 678.7 795.4 -14.7
EBITDA margin (2) 14.5% 13.2% - 15.2% 17.2 -
EBIT (3) -5.5 -1.7 >100 114.3 266.6 -57.1
EBIT margin (2) -0.5% -0.2% - 2.6% 5.8% -
Financial result -24.2 -19.8 22.2 -83.3 -62.7 32.9
Income before taxes -29.7 -21.5 38.1 31.0 203.9 -84.8
Net income attributable to Wacker Chemie AG shareholders -19.3 -17.0 13.5 6.3 114.7 -94.5
Earnings per share in € -0.39 -0.17 >100 0.05 2.43 -97.9
Investment (incl. financial assets) 153.0 373.0 -59.0 503.7 1.095,4 -54.0
Net cash flow(5) -81.3 -241.3 -66.3 109.7 -536.2 n.a.
in € million Dec 31, 2013 Dec 31, 2012 *
Equity 2,197.1 2,121.3
Financial liabilities 1,416.7 1,197.2
Net financial liabilities (4) 792.2 700.5
Total assets 6,332.4 6,492.8
Employees (number at end of period) 16,009 16,292
(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 advance payments) and cash flow from long-term investing activities
(before securities), including additions due to finance leases.
* Adjusted for the effects of the adoption of IAS 19 (revised); see Changes in Accounting and Valuation Methods in the Notes section.

Annual Press Conference

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The Annual Press Conference on March 17, 2016 has been broadcasted live in the Internet.

Annual Report 2015 - Online Version

Annual Report 2015

Our online Annual Report provides you with an overview of WACKER’s business development. It offers a number of interactive functions, including key tables in Excel format, downloads, a quick search function, as well as the opportunity to put together your own version of our Annual Report.

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.