Q3 2023 Wacker Chemie AG Earnings Call Transcript
Welcome to the Wacker Chemie AG Conference Call and our Q3 2023 results. Dr. Christian Hartel, our CEO; Dr. Tobias Ohler, our CFO, will take you through our prepared slides momentarily. The press release, Q3 presentation and detailed financial tables are available on our web page under the caption, Investor Relations. Please note that management comments made during this call include forward-looking statements involving risks and uncertainties. We encourage you to review the safe harbor statements in today's press release, the presentation and our recent annual report regarding risk factors. All documents mentioned are available on our website. Christian?
Hi. Welcome, everyone. Group sales reached EUR 1.5 billion with an EBITDA of EUR 152 million. Both are down sequentially and year-over-year. Declining prices in solar-grade poly and commodity silicones were the biggest contributors to this decrease. Across the board, the chemical
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |