Interim Report 2nd quarter 2016 - Wacker Chemie AG


Interim Report

2nd quarter 2016

  • AT €1.39 BILLION, GROUP SALES FOR Q2 2016 UP 1 PERCENT YEAR OVER YEAR AND MORE THAN 5 PERCENT COMPARED WITH Q1 2016
  • AT €300 MILLION, EBITDA DOWN 9 PERCENT ON A YEAR AGO DUE TO LOWER SPECIAL INCOME, BUT 31 PERCENT UP QUARTER OVER QUARTER
  • ADJUSTED FOR SPECIAL INCOME, EBITDA UP 21 PERCENT YEAR OVER YEAR
  • NET INCOME FOR Q2 2016 AMOUNTS TO €59 MILLION
  • WACKER SPECIFIES EARNINGS FORECAST: INCREASE IN FULL-YEAR 2016 ADJUSTED EBITDA LIKELY TO BE AT UPPER END OF EXPECTED 5-10 PERCENT RANGE

in € million Q2 2016 Q2 2015 Change in %
Sales 1,386.2 1,370.5 1.1
EBITDA 300.0 329.0 -8.8
EBITDA margin 21.6% 24.0% -
EBIT 110.9 187.9 -41.0
EBIT margin 8.0% 13.7% -
Financial result -24.5 -19.9 23.1
Income before taxes 86.4 168.0 -48.6
Net income for the period 58.9 108.2 -45.6
Earnings per share in € 1.15 2.21 -47.9
Capital expenditures (incl. financial assets) 88.0 214.2 -58.9
Net cash flow 126.0 21.0 >100
in € million June 30,
2016
June 30,
2015
December 31,
2015
Equity 2,138.7 2,687.7 2,795
Financial liabilities 1,668.8 1,508.4 1,455
Net financial debt 1,153.9 938.9 1,074
Total assets 7,497.2 7,425.7 7,264
Employees (number at end of period) 17,081 16,928 16,972

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.