Wacker’s reported figures confirmed our broad picture of the company. The weaker performance was mainly driven by lower volumes rather than lower prices. The implemented cost-cutting measures did not really materialise. Consensus was barely beaten.
02 Aug 2020
It is more about volumes
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
It is more about volumes
Wacker Chemie AG (WCH:WBO) | 0 0 (-0.9%) | Mkt Cap: 7,301m
- Published:
02 Aug 2020 -
Author:
Martin Schnee -
Pages:
3
Wacker’s reported figures confirmed our broad picture of the company. The weaker performance was mainly driven by lower volumes rather than lower prices. The implemented cost-cutting measures did not really materialise. Consensus was barely beaten.