02.08.2011 • News

Wacker Chemie Q2 Profit Rises

Wacker Chemie reported that net income for second quarter reached €142.7 million compared to €135.4 million in the year-ago period, resulting in earnings per share of €2.87 versus €2.71 last year.

Second quarter sales increased 10% to €1.33 billion from €1.20 billion for the same period last year mainly due to the higher sales volumes generated by sustained customer demand.

Looking forward, Wacker expects full-year sales and earnings to rise in 2011. group sales are forecast to top €5 billion. EBITDA for fiscal 2011 is anticipated to exceed last year's figure of €1.19 billion.

 

Company

Logo:

Wacker Chemie

Hanns-Seidel-Platz 4
81737 Munich
Germany

Company contact







Interview

Driving Sustainability Through Collaboration
Building Green Practices Across the Chemical Supply Chain

Driving Sustainability Through Collaboration

Together for Sustainability (TfS) is a pioneering, member-led initiative working to accelerate sustainable and resilient chemical supply chains. TfS President Jennifer Jewson discusses the origins of TfS, its evolving goals, its present-day challenges, and the initiative’s enduring impact and outlook for the future.

Expert Insights

Dual‑Targeting Breakthroughs
Advancements in Bispecific Antibody Development

Dual‑Targeting Breakthroughs

Unlock the latest breakthroughs in bispecific antibody development! Download Wiley’s free Expert Insights eBook to explore cutting-edge dual-targeting strategies, advanced purification methods, and bioanalytical technologies transforming immunotherapy and cancer treatment.

Top-Feature

most read

Photo
News • Chemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.