On March 15, Wacker Chemie released its 2024 fiscal year report. It is expected that the company will achieve significant growth in sales volume in the 2025 fiscal year, particularly in the specialty chemicals and polysilicon businesses within its chemical business division.
According to the report, the sales for that year are expected to range from 6.1 billion to 6.4 billion euros, and sales growth is anticipated to be achieved in all regions and business segments. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) are expected to be between 0.7 billion and 0.9 billion euros, and the EBITDA margin will maintain the level of the previous year. The capital expenditure is expected to be significantly lower than that of the previous year, slightly higher than the depreciation and amortization expenses, which are projected to be slightly over 500 million euros.
The financial report forecasts that the sales of the silicone business division in 2025 will increase by approximately 10%. This is mainly attributed to the growth in sales volume, particularly that of specialty chemicals. The EBITDA margin is anticipated to be slightly higher than that of the previous year.For the polymer business division, the sales are expected to experience a low single-digit percentage growth. In the emulsion and redispersible latex powder businesses, the sales volume is projected to rise slightly, yet the selling prices will decline marginally. The EBITDA margin is expected to remain at the level of the previous year.The sales of the biotechnology business division are estimated to be around 400 million euros, and there is a high likelihood that the EBITDA margin will be slightly higher than that of the previous year.Regarding the polysilicon business division, it is expected to achieve sales ranging from 1 billion to 1.3 billion euros in 2025. The sales volume of semiconductor-grade polysilicon is forecasted to increase significantly, while the polysilicon business for solar cells will still continue to encounter challenges. The EBITDA is expected to be between 100 million and 250 million euros.
Christian Hartel, President and CEO of Wacker Chemie, remains optimistic about Wacker's medium- to long-term development. He stated, "Wacker's strategy will stay unchanged. The company boasts a strong financial position and stands to benefit from major global trends. Be it renewable energy, electric vehicles, or digitalization, these trends will continue to propel the company's business forward. In the future, more emphasis will be placed on enhancing profit margins rather than on driving sales growth."
