Interim Report

3rd quarter 2016

  • AT €1.35 BILLION, GROUP SALES FOR Q3 2016 DECLINE BY CLOSE TO 1 PERCENT YEAR OVER YEAR DUE TO PRICES AND BY 3 PERCENT QUARTER OVER QUARTER AMID LOWER VOLUMES
  • EBITDA OF €301 MILLION UP 14 PERCENT VERSUS LAST YEAR DUE TO GOOD COST LEVELS, AND ON A PAR WITH THE PRECEDING QUARTER
  • NET INCOME FOR Q3 AMOUNTS TO €68 MILLION
  • AT €229 MILLION, NET CASH FLOW FOR Q3 2016 SUBSTANTIALLY HIGHER THAN A YEAR AGO
  • FORECAST UNCHANGED: EBITDA FOR FULL-YEAR 2016 – WHEN ADJUSTED FOR SPECIAL INCOME – SHOULD REACH THE UPPER END OF THE PROJECTED RANGE OF 5 TO 10 PERCENT, WHILE GROUP SALES ARE EXPECTED TO GROW BY A LOW SINGLE-DIGIT PERCENTAGE

in € million Q3 2016 Q3 2015 Change in %
Sales 1,346.1 1,357.9 -0.9
EBITDA 300.9 264.3 13.8
EBITDA margin 22.4 19.5 -
EBIT 115.2 125.5 -8.2
EBIT margin 8.6 9.2 -
Financial result -25.8 -23.5 9.8
Income before taxes 89.4 102.0 -12.4
Net income for the period 67.5 58.2 16.0
Earnings per share in € 1.29 1.21 6.7
Capital expenditures (incl. financial assets) 98.9 220.5 -55.1
Net cash flow 229.2 36.2 n.a.
in € million September 30,
2016
September 30,
2015
December 31,
2015
Equity 2,074 2,753 2,795
Financial liabilities 1,636 1,447 1,455
Net financial debt 968 970 1,074
Total assets 7,607 7,322 7,264
Employees (number at end of period) 17,136 17,021 16,972

Note

This website contains forward looking statements based on assumptions and estimates of WACKER's Executive Board. Although we assume the expectations in these forward looking statements are realistic, we cannot guarantee they will prove to be correct. The assumptions may harbor risks and uncertainties that may cause the actual figures to differ considerably from the forward looking statements. Factors that may cause such discrepancies include, among other things, changes in the economic and business environment, variations in exchange and interest rates, the introduction of competing products, lack of acceptance for new products or services, and changes in corporate strategy. WACKER does not plan to update the forward looking statements, nor does it assume the obligation to do so.