IHS Chemical Week

World News and Views :: Top of the News

Wacker reports huge drop in net income and 10% lower sales, confirms 2013 outlook

8:53 AM MDT | April 30, 2013 | Natasha Alperowicz

Wacker Chemie today reported a huge drop in net income and a 10% slide in sales in the first quarter of this year. Net income was down 87.8%, to €5.1 million ($6.7 million), while sales dropped to €1.08 billion compared with €1.19 billion in the year-earlier quarter. Ebitda was 23% down, at €164.5 million, and Ebitda margin reached 15.3% compared with 17.9% in the first quarter of 2012.   The company says that after last year’s weak fourth quarter, it is experiencing higher customer demand and higher volumes in the first quarter of...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa