Annual Report 2022

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Creating tomorrow’s solutions

WACKER at a Glance

In its capacity as an innovative chemical company, WACKER makes a vital contribution to improving the quality of life around the world. We want to continue developing and supplying solutions that meet our own expectations – namely to add value for our customers and shareholders, and to achieve sustainable growth.

 

 

 

 

 

€ million

 

December 
31, 2022

 

December 
31, 2021

 

Change
in %

 

 

 

 

 

 

 

Results/return

 

 

 

 

 

 

Sales

 

8,209.3

 

6,207.5

 

32.2

EBITDA1

 

2,080.9

 

1,538.5

 

35.3

EBITDA margin2 (%)

 

25.4

 

24.8

 

n.a.

EBIT3

 

1,678.8

 

1,134.3

 

48.0

EBIT margin2 (%)

 

20.5

 

18.3

 

n.a.

 

 

 

 

 

 

 

Financial result

 

-62.6

 

-40.7

 

53.8

Income before income taxes

 

1,616.2

 

1,093.6

 

47.8

Net result for the year

 

1,281.6

 

827.8

 

54.8

Earnings per share (basic/diluted) (€)

 

25.18

 

16.24

 

55.0

ROCE (%)

 

34.7

 

28.3

 

22.6

 

 

 

 

 

 

 

Financial position/cash flow

 

 

 

 

 

 

Total assets

 

9,401.4

 

8,134.3

 

15.6

Equity

 

5,030.7

 

3,100.4

 

62.3

Equity ratio (%)

 

53.5

 

38.1

 

n.a.

Financing liabilities

 

1,547.0

 

1,436.8

 

7.7

Net financial assets4

 

409.2

 

546.5

 

-25.1

Capital expenditures5

 

546.8

 

343.8

 

59.0

Depreciation/amortization

 

-402.1

 

-404.2

 

-0.5

Net cash flow6

 

438.8

 

760.8

 

-42.3

 

 

 

 

 

 

 

Research and development

 

 

 

 

 

 

Research and development expenses

 

178.4

 

164.2

 

8.6

 

 

 

 

 

 

 

Employees

 

 

 

 

 

 

Personnel expenses

 

1,595.0

 

1,475.1

 

8.1

Employees (December 31, number)

 

15,725

 

14,406

 

9.2

1

EBITDA is EBIT before depreciation and amortization.

2

Margins are calculated based on sales.

3

EBIT is the result from continuing operations for the period before interest and other financial result, and income taxes.

4

Sum of cash and cash equivalents, noncurrent and current securities, and noncurrent and current financial liabilities.

5

Intangible assets, property, plant and equipment, investment property, excluding right-of-use assets.

6

Sum of cash flow from operating activities and cash flow from long-term investing activities (before securities).