WACKER SILICONES
In 2017, WACKER SILICONES posted substantial sales growth. Climbing 9.9 percent, sales reached €2.20 billion (2016: €2.00 billion). The rise was prompted by volume gains and somewhat higher prices. WACKER SILICONES lifted its sales markedly across all of its operational sectors. The uptrend was especially high for sales of specialty products. As for volumes, performance was particularly good for silicones used in the automotive industry, in general industrial applications, in the textile industry and medical applications, and in construction sealants and adhesives. Our silicone rubber business was also strong. Regionally, WACKER SILICONES generated higher sales across all of its three regions: Europe, the Americas and Asia. Europe and Asia recorded the strongest sales growth.
EBITDA growth outpaced sales gains year over year, rising by 23.2 percent to €444.9 million (2016: €361.2 million). This trend was driven by strong volume growth, by somewhat higher prices in several product groups, by high plant utilization and by good cost efficiency. The EBITDA margin was 20.2 percent, markedly higher than a year earlier (2016: 18.1 percent).
Capital expenditures climbed by 61.2 percent versus the year before, to €142.8 million (2016: €88.6 million). Investment spending focused on construction of a new pyrogenic-silica plant at the Charleston (USA) plant and a new plant for silicone sealants and specialty silicones at Jincheon (South Korea). As of December 31, 2017, the division had 4,737 employees (Dec. 31, 2016: 4,566).
Download XLS |
|
|
|
||||||||||
€ million |
20171 |
20161 |
2015 |
2014 |
2013 |
|||||||
|
|
|
|
|
|
|||||||
|
||||||||||||
|
|
|
|
|
|
|||||||
Total sales |
2,200.2 |
2,001.1 |
1,943.3 |
1,733.6 |
1,672.2 |
|||||||
EBITDA |
444.9 |
361.2 |
276.2 |
209.8 |
230.2 |
|||||||
EBITDA margin (%) |
20.2 |
18.1 |
14.2 |
12.1 |
13.8 |
|||||||
EBIT |
362.2 |
280.8 |
194.5 |
128.9 |
151.1 |
|||||||
Capital expenditures |
142.8 |
88.6 |
82.0 |
88.5 |
85.4 |
|||||||
R&D expenses |
58.6 |
53.7 |
35.8 |
39.5 |
34.6 |
|||||||
Employees (December 31, number) |
4,737 |
4,566 |
4,353 |
4,240 |
4,109 |
|||||||
|
|
|
|
|
|