Wacker

WACKER ends Q2 2010 with new sales record

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  • Group sales in Q2 2010 rise 30 percent year over year to €1.20 billion
  • Earnings before interest, taxes, depreciation and amortization increase to €309 million, up 81 percent on a year earlier
  • Q2 net income climbs to €135 million
  • For full-year 2010, group sales expected to reach about €4.5 billion, with EBITDA to exceed 2008’s record level of €1.06 billion

Annual Shareholders' Meeting 2010: After a Strong Q1, Wacker Poised for Continued Growth

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  • Executive and supervisory boards' proposals adopted by large majority of shareholders
  • Dividend for 2009 amounts to €1.20
  • Sales and earnings forecase for 2010 reaffirmed

Wacker Delivers Strong Sales and Earnings Growth in Q1 2010 Amid High Demand

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  • Group sales in Q1 2010 rise 22 percent to €1.07 billion
  • Earnings before interest, taxes, depreciation and amortization reach €254 million, up 61 percent year over year
  • Net income for the period amounts to €106 million
  • Full-year sales of over €4 billion and significant EBITDA growth expected

Polysilicon Facilities start up at WACKER´s Burghausen Site

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Additional polycrystalline-silicon production facilities officially came on stream at Wacker Chemie AG’s Burghausen site today. All “Expansion Stage 8” deposition reactors are already up and running. The plant’s full nominal capacity of 10,000 metric tons a year will be reached before the end of Q2 2010. WACKER is thus half a year ahead of its original, very ambitious schedule. Overall, WACKER is investing around €500 million in this expansion stage, thereby creating some 200 new jobs. Expanding output enables WACKER to meet rising global demand for hyperpure polycrystalline silicon.

Expansion of the WACKER ACADEMY: WACKER Opens International Training Centers in Brazil and Singapore

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WACKER, the Munich-based chemical group, is expanding its international training & competence centers and opens branches of the WACKER ACADEMY in Sao Paulo (Brazil) as well as in Singapore. The training centers offer an ideal platform for sector-specific networking between customers, distribution partners and WACKER specialists. The Group is thus promoting the transfer of expertise to its local customers and business partners, thereby helping to further tap into the fast-growing markets for modern chemicals in Brazil and South East Asia.

Wacker Resumes Growth Course After the Crisis Year of 2009

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  • Sales-volume and revenue upturn continues in early 2010
  • Consolidated sales should exceed €4 billion in 2010, with substantially positive net income
  • Fiscal year 2009 sales dropped to €3.72 billion (2008: €4.30 billion)
  • 2009 EBITDA reached €607 million (2008: €1.06 billion)
  • Net result fell to €-75 million (2008: €438 million) due to non-recurring charges
  • Dividend of €1.20 proposed

Wacker’s Earnings Grow Strongly in Q3 2009 Despite High One-Time Charges

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  • Group sales up 7 percent on Q2 2009 to €987 million
  • EBITDA climbs 8 percent quarter-on-quarter to €184 million despite non-recurring charges of €52 million
  • Net income for the period reaches €35.9 million
  • Higher demand and sales volumes in the third quarter drive confidence

Wacker Exits From Solar Wafer Business

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  • Schott Solar acquires Wacker's shares in joint venture
  • Wacker is expecting from the transaction a non-recurring negative effect on pre-tax profit of about €50 million, financial debt to increase by some €65 million
  • CEO Staudigl: “Focus on polysilicon production provides an excellent base for long-term competitiveness and profitability”

24th European Photovoltaic Solar Energy Conference: Wacker Presents Innovative Encapsulation and Potting Materials for the Photovoltaic Industry

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WACKER, the Munich-based chemical company, will be using the 24th European Photovoltaic Solar Energy Conference (EU PVSEC) to present several new products for the solar industry. One of the interesting new developments is TECTOSIL®, a plastic film designed especially for the encapsulation of photovoltaic modules. It is made out of a thermoplastic silicone elastomer that is pliable when heated, making it fast and easy to process. In addition, WACKER will showcase new silicones for PV applications from its ELASTOSIL® Solar product line.

WACKER experiences stronger customer demand in Q2 2009

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  • Group sales up 6 percent on Q1 2009 at €926 million
  • Earnings before interest, taxes, depreciation and amortization climb 8 percent to €170 million
  • Reorganization-related impairment totaling €121 million prompts loss for the quarter of €75 million
  • Polysilicon business maintains strong earnings with an EBITDA margin of over 50 percent in Q2
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