Wacker Chemie EBITDA slides 22% in Q2

Sales and earnings at the Munich-based chemical company were higher than in Q1 2013. As already expected, though, WACKER did not match the prior-year quarter’s figures. WACKER posted sales of €1,150.3 million from April through June 2013, after €1,222.5 million last year, a decline of just under 6 percent.

The low price levels for solar silicon and semiconductor wafers were the principal reason why sales did not reach the Q2 2012 figure. Compared with the preceding quarter (€1,076.3 million), however, sales were up roughly 7 percent.

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Wacker Chemie