WACKER Stock in 2021

In 2021, the coronavirus pandemic continued to impact markets. In the wake of global vaccine campaigns, the accommodative monetary policy pursued by central banks, and government stimulus programs, global demand recovered from the significant declines of the previous year. Strong sales and earnings growth in many sectors buoyed investor optimism. However, supply bottlenecks in nearly all business segments and logistics problems dampened growth. Despite these challenges, WACKER posted strong growth in all business divisions and raised its annual forecast several times. In the course of the year, WACKER stock also benefited from the greatly improved demand and earnings situation for solar-grade polysilicon and from strong demand at our chemical divisions.

While Germany’s DAX and MDAX indices gained 15.79 percent and 14.05 percent respectively in 2021, WACKER’s share price grew 12.72 percent over the same period.

At the start of the year, WACKER stock stood at €116.75 (year-end closing price on Dec. 30, 2020). Shortly after recording its first-quarter high as a result of the increased takeover bid for Siltronic shares, it reached its reporting-period low of €106.15 on February 23. In the subsequent quarters, strong demand and rising prices in all of WACKER’s divisions bolstered the share price.

As the outlook was incrementally revised upward, WACKER stock continued to make gains during the course of the year. WACKER stock reached its year-high of €173.00 on November 22, 2021. At year end, the share price was then impacted by factors such as climbing energy and raw-material costs as well as rising Covid infection rates due to the Omicron variant. It closed 2021 at €131.60 on December 30.