The sales volume of Wacker increased greatly

Recently, the third quarter financial report released by Wacker showed that the company's sales increased significantly, reaching 21322 million euros, an increase of 29% over the same period of last year (1658.6 million euros). The decline in demand led to a 2% drop in sales compared with the previous quarter. The year-on-year growth was mainly due to higher product prices; The profit before interest, tax, depreciation and amortization (EBITDA) was 457 million euros, which was still 2% higher than the same period of last year against the background of the sharp increase in energy and raw material prices. Net cash flow decreased to EUR 296 million due to the increase in working capital and capital expenditure. The annual EBITDA of Wacker is expected to reach a forecast high of 2.1 billion to 2.3 billion euros. The forecast value of the Group's sales remains unchanged at 8 billion to 8.5 billion euros.

Wacker achieved sales growth in all regions in the third quarter, with the largest growth in the Americas. Wacker's sales in the region were also supported by the exchange rate, increasing by 46% to 346.7 million euros. Wacker achieved sales of 965.8 million euros in Asia, an increase of 37% over the same period last year; Sales in Europe increased by 12% to 714.5 million euros.

In the third quarter, Wacker's silicone business achieved sales of 889.6 million euros, up 31% year on year; The increase of product price and the optimization of product structure caused by the increase of the proportion of special silicone products with rich profits are the main reasons for the increase of sales. The sales volume of almost every application field increased significantly year on year, especially the silicone products used in medical care, wound care, and industrial and adhesive fields.