Quarterly Report - Wacker Chemie AG


Quarterly Report

1st quarter 2006

finances

in EUR million
Q1 2006 Q1 2005 Change
in %
Sales 798.5 608.2 31
EBITDA (1) 183.6 92.0 100
EBITDA margin (2) 23.0% 15.1% 52
EBIT (3) 105.7 9.2 >100
EBIT margin (2) 13.2% 1.5% >100

Financial result

-11.0

-14.2

-23
Pre-tax result 94.7 -5.0 n.a.
Net profit/loss 66.2 -20.3 n.a.
Earnings per share in EUR 1.49 -0.39 n.a.

Investment in intangibles and property, plant and equipment

75.0

59.6

26
Net cash flow 22.7 -93.8 n.a.
(1) EBITDA is EBIT before depreciation/reversed depreciation on fixed assets.
(2) EBITDA margin is the ratio of EBITDA to sales.
(3) EBIT is the result from continuing operations for the business year before interest and other financial result, limited partnership interests and income tax.

in EUR million
March 31
2006
March 31
2005
December 31
2005
Equity 930.7 893.7 934.4
Financial liabilities 990.6 1,019.0 946.2
Provisions for pensions 355.3 342.9 352.1
Net financial debt 954.1 994.0 911.5
Total assets 3,019.8 2,900.2 2,922.9

Employees (number at balance-sheet day)

14,520

14,494

14,434

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.