WACKER ends 2022 with new highs for sales and earnings

• GROUP SALES OF €6.20 BILLION UP BY A THIRD VERSUS A YEAR EARLIER.
• GROUP SALES AT €8.21 BILLION, UP BY A THIRD YEAR OVER YEAR.
• EBITDA AT €2.09 BILLION, 35 PERCENT HIGHER THAN IN 2021

Wacker Chemie AG set new sales and earnings records in 2022. According to preliminary figures, the Munich-based chemical Group’s sales came in at €8.21 billion last year, an increase of 32 percent over 2021 (€6.21 billion). Higher selling prices were the main factor in this year-over-year growth.

“All of our business divisions contributed to last year’s strong sales growth,” said CEO Christian Hartel. “Although demand slowed noticeably in some customer sectors in the second half of the year, we achieved substantially higher prices for our products than in 2021. That also helped us to offset sharp cost increases, especially for energy, but also for raw materials and logistics.”