WACKER Communicates Closely with Capital Markets

Key elements of the corporate strategy include achieving organic growth, investing in promising markets and reducing capital intensity across all segments. These priorities are reinforced through continuous and open communication with institutional and private investors and with analysts. On many occasions, Executive Board members attended events to answer questions from capital-market participants. There were 22 roadshows with a total of 27 roadshow days in Germany, Europe, the USA and Asia. About 700 meetings were held in total, both in person and by telephone. WACKER also participated in international conferences and gave presentations at events in 2018, including the following:


Commerzbank German Investment Seminar in New York


Warburg Highlights 2018 in Hamburg

Oddo Forum in Lyon


Jefferies Global Industrials Conference in New York

Kepler Cheuvreux GCC 2019 in Frankfurt am Main


Berenberg & GS German Corporate Conference in Munich

Mainfirst Corporate Conference in Copenhagen


Baader Investment Conference in Munich

BHL Deutschlandkonferenz in Baden-Baden


Bernstein’s Annual SDC in London

Morgan Stanley Chemical Day in London


Morgan Stanley Global Chemicals and Agriculture Conference in Boston

dbAccess Berlin Conference in Berlin


Berenberg European Corporate Conference in London

Credit Suisse Global Chemicals and Agriculture Conference in London


Credit Suisse European Corporate Conference in London

JPM Materials Conference in London


BofAML European Chemicals Conference in London

The number of analysts covering WACKER in 2018 was 20 (2017: 20). During the year, analysts’ consensus price target for WACKER stock fell. In Q1, the average price target for WACKER stock was €155 (19 estimates). At year-end 2018, though, analysts set their fair-value price target at €106 on average (19 estimates), roughly one-third lower than at the start of the year.

todo Vorjahresvergleich