Wacker expects increasing polysilicon sales in 2019
Post date: 06/03/2019 - 15:28
The Executive Board of Wacker Chemie AG expects Group sales in 2019 to climb by a mid-single-digit percentage versus last year’s €4.98 billion ($5.63 billion) amid higher polysilicon and chemical sales volumes. EBITDA (earnings before interest, taxes, depreciation and amortization) will be between 10 and 20 percent lower than last year’s figure (€930 million). A significant contributing factor to the projected EBITDA decline are lower average prices anticipated for polysilicon this year. Wacker will publish its 2018 Annual Report on March 19, 2019.