in this issue
People & Business :: Earnings/Finance
Lower Polysilicon Prices Dent Wacker's Q2 Results
10:52 AM MDT | July 25, 2012 | Sotirios Frantzanas
Wacker Chemie says that in the second quarter of 2012, it was unable to match the strong sales and profits figures of second-quarter 2011, due mainly to a substantial reduction in polysilicon prices. Sales and net profits decreased 7.8% and 57.5% year-over-year, to €1.22 billion ($1.48 billion) and €60.6 million, respectively. Favorable exchange rates from a stronger dollar helped the company's sales in the second quarter of 2012, but overall sales volumes were slightly down compared with the corresponding period of 2011. Ebitda and EBIT...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee