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Wacker Chemie AG (WCHG.DE)

WCHG.DE on Xetra

101.05EUR
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Latest Key Developments (Source: Significant Developments)

Wacker Chemie sees EBITDA margin above 30 pct in polysilicon business
Tuesday, 14 Mar 2017 05:41am EDT 

Wacker Chemie CEO : Says aim for EBITDA margin of more than 16 percent in chemicals businesses, of more than 30 percent in polysilicon division Further company coverage: [WCHG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Wacker Chemie says expands silicon-metal capacity at Norwegian production site
Wednesday, 8 Mar 2017 05:29am EST 

Wacker Chemie AG : Wacker expands silicon-metal capacity at Norwegian production site in Holla . Around 85 million euros ($89.75 million) to be invested .Completion of new plant expected in first half of 2019.  Full Article

Wacker Chemie acquires fermentation plant in Spain
Tuesday, 20 Dec 2016 04:26am EST 

Wacker Chemie AG : Expands its production of cysteine and acquires fermentation plant in Spain .Intends to invest a total of about 30 million euros ($31.15 million)to modernize existing facility and add production equipment over next few years, thereby creating some 35 new jobs at site.  Full Article

Wacker Chemie raises payout ratio to 50 pct of net income-slides
Tuesday, 11 Oct 2016 03:20am EDT 

Wacker Chemie : Says depreciation to decline to below 600 million eur per year by 2020 -slides . In presentation - payout ratio to be at 50 pct in future vs at least 25 pct previously Further company coverage: [WCHG.DE] (Frankfurt newsroom) ((+49 69 7565 1270; Reuters Messaging: frankfurt.newsroom@thomsonreuters.net)).  Full Article

Wacker Chemie establishes new R&D center in Michigan, USA
Thursday, 6 Oct 2016 04:27am EDT 

Wacker Chemie AG : Is expanding its research and development facilities for silicones by establishing a new research and development center located in Ann Arbor, Michigan, USA . The facility will officially open in the first half of 2017 .Facility is dedicated to support Wacker’s overall business and product development in the North, Central and South America regions.  Full Article

Wacker Chemie raises FY 2016 earnings outlook
Thursday, 28 Apr 2016 01:14am EDT 

Wacker Chemie AG:Earnings forecast raised: for FY 2016, EBITDA expected to rise by between 5 and 10 percent when adjusted for special income, while group sales still projected to increase slightly.  Full Article

Wacker Chemie AG issues FY 2016 outlook, to propose FY 2015 dividend
Wednesday, 16 Mar 2016 08:00pm EDT 

Wacker Chemie AG:Dividend proposal of 2.00 euros ($2.24) a share for 2015.For full-year 2016, expects sales to edge up, with EBITDA likely to climb slightly when adjusted for special income​.FY 2016 EBITDA should also advance slightly year over year, when adjusted to exclude solar-sector special income​.Net income is likely to be significantly lower than in 2015 because of higher depreciation.FY 2015 net income climbs 24 percent to 242 million euros.FY 2015 EBITDA of 1.05 billion euros.FY 2015 sales 5.3 billion euros.FY 2016 revenue 5,559 million euros - Thomson Reuters I/B/E/S.FY 2016 EBITDA 980.38 million euros - Thomson Reuters I/B/E/S.FY 2016 net income 152.48 million euros - Thomson Reuters I/B/E/S.  Full Article

Wacker Chemie comments on FY 2015 outlook
Thursday, 29 Oct 2015 02:14am EDT 

Wacker Chemie AG:Expects FY 2015 group sales to grow by around 10 percent, provided economic conditions do not weaken further.Relative to FY 2014, anticipates a slight rise in EBITDA on a comparable basis, i.e. adjusted for special income; EBITDA margin will be somewhat lower.FY 2015 group net income is projected to be somewhat lower than FY 2014.  Full Article

Wacker Chemie confirms FY 2015 outlook
Monday, 3 Aug 2015 01:14am EDT 

Wacker Chemie AG:Confirms its full-year forecast for FY 2015.Is expecting group sales, which totaled 4.83 billion euros in 2014, to rise by around 10 percent, putting company over the 5-billion euros mark for first time in its history.FY 2015 EBITDA on comparable basis, i.e. adjusted for special income, is expected to rise slightly.FY 2015 group net income is projected to be lower than a year ago because special income will probably not be as high as in 2014.  Full Article

Wacker Chemie says Tobias Ohler to be new finance chief
Wednesday, 24 Jun 2015 11:16am EDT 

Wacker Chemie AG:Executive board member Joachim Rauhut will leave company when his contract expires on Oct. 31.Christian Hartel to move onto group's executive board.Tobias Ohler to take over as CFO.  Full Article

More From Around the Web

Wacker Chemie takes in 352 mln eur with Siltronic stake sale

ESSEN, Germany, March 15 German specialty chemicals maker Wacker Chemie said on Wednesday it took in 352 million euros ($374 million) in gross proceeds by cutting its stake in silicon wafer group Siltronic to 30.8 percent from 51.8 percent.