WACKER’s main assumptions in its planning relate to raw-material and energy costs, personnel expenses and exchange rates. For 2014, we are planning on an exchange rate of US$ 1.35 and ¥ 135 to € 1.
Essentially, Wacker Chemie AG’s prospects for 2014 mirror the business trend at WACKER, which is fully explained in the Group’s Outlook section. Please refer to chapter Outlook of this Annual Report.
We expect year-on-year sales to rise by a mid-single-digit percentage and anticipate that EBITDA will increase by at least 10 percent against the prior year.
Projections indicate that Wacker Chemie AG’s net income will be in slightly positive territory.