PTA-Adhoc: Wacker Chemie AG: WACKER expects EBITDA for Q2 2022 to be above market expectations

Monday, 13. June 2022 19:45

Public disclosure of inside information according to article 17 MAR

München (pta032/13.06.2022/19:45) - Munich, June 13, 2022 – According to current estimates, Wacker Chemie AG anticipates EBITDA (earnings before interest, taxes, depreciation and amortization) of some €600 million for Q2 2022, with sales coming in at about €2.1 billion. That represents an EBITDA substantially above current average market expectations of €498 million (source: Vara Research, June 7, 2022).

As a consequence, WACKER will revise its full-year earnings forecast for 2022 in the coming weeks and adjust it upward accordingly, taking into account both currently sustained strong customer demand and risks stemming from rising energy and raw material prices as well as from geopolitical developments. According to current planning, the company will publish its revised full-year forecast in its half-year report on July 28, 2022.

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emitter: Wacker Chemie AG
address: Hanns-Seidel-Platz 4, 81737 München
country: Germany
contact person: Jörg Hoffmann
phone: +49 89-6279-1633
e-mail: investor.relations@wacker.com
website: www.wacker.com

ISIN(s): DE000WCH8881 (share)
stock exchanges: regulated market in Frankfurt; free market in Stuttgart, free market in Munich, free market in Hamburg, free market in Dusseldorf, free market in Hannover; open market in Berlin, Tradegate

[ source: https://www.pressetext.com/news/20220613032 ]

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