WACKER POLYMERS

Sales at WACKER POLYMERS grew by 3.0 percent in 2018, reaching €1.28 billion (2017: €1.25 billion). Growth was fueled by higher volumes for and .

WACKER POLYMERS continued to increase its sales in Europe and Asia, achieving its biggest percentage gain in Asia. In the reporting year, applications for both construction and coatings performed well.

of €147.7 million (2017: €205.6 million) was markedly lower than the year before, chiefly due to substantially higher raw-material costs. The EBITDA margin declined to 11.5 percent (2017: 16.5 percent).

Capital expenditures climbed year over year to €71.0 million (2017: €48.1 million). Investment spending included new production plants for dispersions and dispersible polymer powders at Ulsan (South Korea) and facility expansions at Burghausen (Germany). At 1,600, employee numbers were higher as of December 31, 2018 (Dec. 31, 2017: 1,539).

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Key Data: WACKER POLYMERS

 

  

 

  

 

€ million

  

2018

  

2017

  

20161

  

2015

  

2014

1

Costs from selling expenses reclassified to R&D expenses as of 2016

 

  

 

  

 

  

 

  

 

  

 

Total sales

  

1,282.2

  

1,245.1

  

1,194.8

  

1,185.5

  

1,064.4

EBITDA

  

147.7

  

205.6

  

261.0

  

222.2

  

149.5

EBITDA margin (%)

  

11.5

  

16.5

  

21.8

  

18.7

  

14.0

EBIT

  

108.0

  

168.1

  

223.7

  

184.4

  

118.7

Capital expenditures

  

71.0

  

48.1

  

37.5

  

47.4

  

56.3

R&D expenses

  

30.0

  

29.3

  

30.3

  

14.8

  

13.2

Employees (December 31, number)

  

1,600

  

1,539

  

1,484

  

1,461

  

1,408
Dispersions
Binary system in which one component is finely dispersed in another. VINNAPAS® dispersions are vinyl-acetate-based copolymers and terpolymers in liquid form. They are mainly used as binders in the construction industry, e. g. for grouts, plasters and primers.
Dispersible Polymer Powders
Created by drying dispersions in spray or disc dryers. VINNAPAS® polymer powders are recommended as binders in the construction industry, e.g. for tile adhesives, self-leveling compounds and repair mortars. They improve adhesion, cohesion, flexibility and flexural strength as well as water-retention and processing properties.
Polymer
A polymer is a large molecule made up of smaller molecular units (monomers). It contains between 10,000 and 100,000 monomers. Polymers can be long or ball-shaped.
EBITDA
Earnings before interest, taxes, depreciation and amortization.

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