Ad-hoc Disclosure - Wacker Chemie AG


Ad-hoc Disclosure

Ad-hoc disclosure of May 7, 2015

Munich, May 07, 2015

Ad-Hoc Disclosure according to Sec. 15 WpHG (German Securities Trading Act) of May 7, 2015

Wacker Chemie AG / Business Figures / Special Income

WACKER EXPECTS SPECIAL INCOME FROM TERMINATED BUSINESS RELATIONSHIP WITH SOLAR CUSTOMER

Munich, May 7, 2015 – Wacker Chemie AG and a solar-sector customer have agreed to terminate their contractual and delivery relationships. The terms of the agreement reached today include WACKER’s retention of advance payments received. The agreement also stipulates that WACKER will receive compensatory payments from this customer.

Accordingly, WACKER’s financial statements for Q2 2015 will recognize special income, which is expected to increase EBIT (earnings before interest and taxes) of WACKER POLYSILICON and of the Group by some €78 million.

Contact

Wacker Chemie AG
Hanns-Seidel-Platz 4
D-81737 München

Jörg Hoffmann
Tel. +49 89 6279-1633
Email

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 ad hoc-release 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 an obligation to do so.