Q3 sales rose +10% to €1,358m and the gross profit margin improved from 19.2% to 22.0%. EBITDA dropped 24% to €264m (w/o one-offs: €247m after €254m) and net income attributable to shareholders halved (€60m after €121m). Operating CF came in fairly unchanged at €189m due to a nearly halved NWC outflow (€-66m after €-126m). Investing CF increased from €-178m to €-282m, predominately driven by significantly higher capex. Financing CF swung
30 Oct 2015
Good chemicals, silicon-based moderate
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Good chemicals, silicon-based moderate
Wacker Chemie AG (WCH:WBO) | 0 0 (-0.9%) | Mkt Cap: 7,301m
- Published:
30 Oct 2015 -
Author:
Martin Schnee -
Pages:
3
Q3 sales rose +10% to €1,358m and the gross profit margin improved from 19.2% to 22.0%. EBITDA dropped 24% to €264m (w/o one-offs: €247m after €254m) and net income attributable to shareholders halved (€60m after €121m). Operating CF came in fairly unchanged at €189m due to a nearly halved NWC outflow (€-66m after €-126m). Investing CF increased from €-178m to €-282m, predominately driven by significantly higher capex. Financing CF swung