WACKER has a steady start to the new fiscal year in Q1 2013

02-May-2013 - Germany

After last year’s weak fourth quarter, Wacker Chemie AG is experiencing noticeably higher customer demand. WACKER posted higher volumes in Q1 2013, especially in polysilicon, but in many chemical products as well. Sales and earnings were both markedly higher than in Q4 2012. As already expected, however, the Munich-based chemical company did not match the prior-year quarter’s figures.

WACKER posted sales of €1,076.3 million between January and March 2013 – down about 10 percent from a year ago (€1,194.3 million). The low price levels for solar silicon and semiconductor wafers were the principal reason why sales did not reach the Q1 2012 figure. Compared with the previous quarter (€1,017.2 million), however, sales were up 6 percent.

Other news from the department business & finance

Most read news

More news from our other portals

So close that even
molecules turn red...