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Wacker Chemie AG (WCH.SG)
| Previous close | 145.85 |
| Open | 146.10 |
| Bid | 142.35 x 30000 |
| Ask | 142.35 x 30000 |
| Day's range | 139.30 - 146.25 |
| 52-week range | 98.70 - 186.90 |
| Volume | |
| Avg. volume | 992 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 28 Apr 2023 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters
Wacker Chemie misses Q4 EBITDA expectations
According to preliminary figures, the Munich-based firm achieved an EBITDA of 360 million euros ($390.67 million) for the fourth quarter, 14% less than forecast according to a Vara consensus, which saw it at 420 million euros. Wacker Silicones saw its yearly EBITDA rise by 58% year-on-year, climbing to 875 million euros, thanks to better selling prices for silicones as well as an ever-increasing share of high-margin speciality products in its portfolio, the firm said. Wacker Chemie, one of the world's biggest suppliers of solar-grade polysilicon, has benefited from strong demand and high prices for the material, the supply of which has growin tighter due to production issues and maintenance shutdowns.
- Reuters
Chemicals group Wacker Chemie sees gas supply bottlenecks easing
(Reuters) -German chemicals company Wacker Chemie, which reported lower than forecast third-quarter earnings on Thursday, expects gas supply bottlenecks to ease and said risks of gas supply shortages for its facilities are low. The energy-intensive chemicals sector is among industries most exposed to high energy prices and potential gas rationing in Europe since Russia invaded Ukraine in February. The Munich-based group, which had included 200-250 million euros of additional costs from gas supply disruptions in an earlier outlook, said this was no longer necessary.
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