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Wacker Adjusts Its Plan

Release Time: 2023-07-21 09:23:27

Wacker Adjusts Its Plan

 

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Cited from: https://pixabay.com/zh/photos/concept-man-papers-person-plan-1868728/

 

Wacker adjusted his forecast for the 2023 fiscal year. After adjustment, the annual sales of Wacker Group are expected to be between 6.5 billion to 6.8 billion euros (previously predicted: 7 billion to 7.5 billion euros), and the EBITDA will be between 800 million to 1 billion euros (previously predicted: 1.1 billion to 1.4 billion euros), which is lower than the current average expectations of the capital market for these two values. The market expects Wacker Group's annual sales to be 7 billion euros and EBITDA to be 1.1 billion euros (source: Vara Research, July 12, 2023). The Return on Capital Employed (ROCE) is expected to be lower than the cost of capital (previously predicted to be higher than the cost of capital, but much lower than the previous year's level).


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