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Wacker Chemie AG / Key word(s): Profit Warning/Annual Results
Disclosure of Insider Information as per
Wacker Chemie AG / Financial Results
EBITDA for 2021 expected to be above guidance and market expectations
Munich, January 13, 2022 - According to preliminary evaluations, Wacker Chemie AG anticipates EBITDA (earnings before interest, taxes, depreciation and amortization) of about €1.5 billion for 2021, with sales coming in at about €6.2 billion. That represents an EBITDA 7 percent above the upper end of recent full-year EBITDA guidance of between €1.2 billion and €1.4 billion and 9 percent above current average market expectations of €1.37 billion (source: Vara Research, Jan. 13, 2022).
WACKER intends to publish preliminary figures for 2021 by end of January 2022.
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Wacker Chemie AG
This document includes supplemental financial measures (not clearly defined in the applicable financial reporting framework) that are or may be alternative performance measures (APM). These supplemental financial measures should not be viewed in isolation or as alternatives to measures of WACKER's net assets and financial positions or results of operations as presented in accordance with the applicable financial reporting framework in its Consolidated Financial Statements. Other companies that report or describe similarly titled alternative performance measures may calculate them differently. Explanations of financial measures used can be found in the Annual Report 2020 of Wacker Chemie AG which is available for download under www.wacker.com.
13-Jan-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Wacker Chemie AG
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
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