Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Wacker Chemie Ag (OTC) (WKCMF)
:WKCMF
Holding WKCMF?
Track your performance easily
Earnings Data
Report Date
Mar 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
2.56Last Year’s EPS
0.5Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 25, 2018
|% Change Since: -25.06%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed performance with strong growth in Chemicals and Biosolutions segments, along with significant sustainability initiatives. However, challenges in Polysilicon and weak demand in key markets temper the overall outlook. Investment in future growth and adherence to sustainability targets are positive, but sales declines and market uncertainties remain concerns.Company Guidance
During the third quarter of 2024, Wacker Chemie's guidance indicated a mixed performance across its segments. The company reported group sales of approximately EUR 1.4 billion, a 6% decrease year-over-year, while the combined EBITDA of its four operating segments rose by 17% to EUR 198 million. The Chemicals segment achieved EUR 155 million in EBITDA, up 23% year-over-year, supported by stronger sales in specialty silicones. However, Polymers faced challenges, with EBITDA declining to EUR 46 million due to regional demand dynamics and supplier issues. Biosolutions saw a 29% sales increase, reflecting growth in biopharma, while Polysilicon's sales dropped 39% year-over-year due to lower solar-grade volumes. The company reaffirmed its full-year EBITDA guidance, expecting it to be in the upper half of the EUR 600 million to EUR 800 million range. Despite market uncertainties, Wacker Chemie highlighted its commitment to reaching sustainability targets and achieving long-term growth, projecting EUR 10 billion in sales by 2030 with an EBITDA margin above 20%.Strong Chemical Segment Performance
Chemical segment EBITDA increased by 23% year-over-year, with specialty silicones sales markedly higher than the previous year and volumes remaining high.
Biosolutions Growth
Biosolutions segment sales rose by 29% year-over-year, supported by growth in biopharma. The new biopharma site in Halle provides a strong foundation for further growth.
Sustainability Initiatives
Wacker is committed to reaching net zero by 2045, with progress shown in reducing CO2 emissions and sourcing renewable energy for silicon metal production.
Continued Investment in Future Growth
Wacker confirmed full-year guidance, expecting EBITDA in the upper half of the EUR 600 million to EUR 800 million range, and continues to invest in future growth.
---
WKCMF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
WKCMF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 28, 2024 | $90.09 | $89.16 | -1.03% |
| Jul 26, 2024 | $107.72 | $102.20 | -5.12% |
| Apr 25, 2024 | $114.28 | $111.44 | -2.49% |
| Mar 12, 2024 | $112.74 | $116.18 | +3.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Wacker Chemie Ag (OTC) (WKCMF) report earnings?
Wacker Chemie Ag (OTC) (WKCMF) is schdueled to report earning on Mar 12, 2025, TBA Not Confirmed.
What is Wacker Chemie Ag (OTC) (WKCMF) earnings time?
Wacker Chemie Ag (OTC) (WKCMF) earnings time is at Mar 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WKCMF EPS forecast?
WKCMF EPS forecast for the fiscal quarter 2024 (Q4) is 2.56.
---