As already announced, Wacker Chemie AG lifted its sales slightly in 2018, but fell short of its own EBITDA forecast. On presenting its annual report today, the Munich-based chemical company announced that Group sales grew to €4.98 billion, up 1 percent year over year (2017: €4.92 billion). This slight increase was fueled by higher volumes and prices in its chemical business, especially for silicones. As a result, WACKER more than offset not only the negative exchange-rate effects from the euro’s strength against the US dollar, but also lower prices for polysilicon.
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