News: Wacker Chemie AG (WCHG.DE)

WCHG.DE on Xetra

30 Apr 2015
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€1.70 (+1.55%)
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Thu, Apr 30 2015

Wacker Chemie sees more than 100 mln eur in retained payments

FRANKFURT, April 30 - Wacker Chemie expects more than 100 million euros ($112 million) in retained payments this year as a result of restructured contracts with clients for polysilicon, a key material it supplies to the solar industry, its CFO said. ($1 = 0.8961 euros) (Reporting by Christoph Steitz; Editing by Arno Schuetze)

UPDATE 1-Strong demand, weak euro boost Wacker Chemie profits, forecast

* Shares indicated to open higher 3.3 pct (Recasts, adds details)

Wacker Chemie picks banks for Siltronic IPO-sources

FRANKFURT, April 16 - Germany's Wacker Chemie is stepping up preparations for a stock market listing of its silicon wafer business Siltronic and has mandated banks to organise the move, two people familiar with the deal said.

UPDATE 2-Wacker Chemie keeps options open on Siltronic business

* Trebles 2014 dividend to 1.50 euros per share (Recasts with CEO comments, Siltronic details)

Wacker Chemie expects core earnings to fall in 2015

FRANKFURT, March 17 - Germany's Wacker Chemie expects core earnings to decline in 2015, as it does not expect substantial one-off payments it received at its polysilicon business last year to be repeated.

Wacker Chemie preparing to split off silicon wafer unit-Bloomberg

FRANKFURT, March 10 - German specialty chemicals maker Wacker Chemie is preparing to spin off Siltronic, its silicon wafer unit that supplies the global microchip industry, Bloomberg cited people familiar with the matter as saying late on Monday.

UPDATE 1-Wacker Chemie core earnings rise on polysilicon price recovery

* Profit increase also due to higher polysilicon prices (Adds details, shares, comments)

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