Strategy of the WACKER Group

WACKER pursues five overarching strategic goals. The core elements are profitable growth, leading competitive positions in our business divisions and achieving sustainability. WACKER published strategic goals for the Group and for each business division in late March 2022. These goals were confirmed at the Capital Markets Day in 2024. The focus of the growth targets has shifted from volume/mix to profitable growth. The targets cover the period up to 2030 and are the compass for our entrepreneurial success. The element that binds together our overarching strategic as well as operational goals is our corporate purpose: Our solutions make a better world for generations.

Our goals for the period up to 2030 are:

• Accelerate our growth
  WACKER aims to achieve sales of over €10 billion in 2030. To grow sales, we prioritize improving our margins. As a result, we are shifting our focus from volume growth to profitable sales growth.
• Enhance our profitability
  We want our chemical-division EBITDA margins to be above 20 percent by 2030 and the margin at Biosolutions to be 25 percent. Polysilicon’s target is above 30 percent. Return on capital employed (ROCE) is to rise by 2030 to more than twice the cost of capital in total at the chemical divisions and at Polysilicon. We want Biosolutions’ ROCE to be substantially higher than the cost of capital.
• Increase our capital expenditures
  We will continue investing at the current level in the years ahead – with our focus on highly profitable growth. To this end, we will systematically pursue our successful specialties strategy at the chemical divisions. In the biotechnology field, we will concentrate on expanding existing facilities and sites. In the polysilicon business, our clear priority is semiconductors, where we aim to remain the world’s market and quality leader.
• Focus on sustainability as a powerful driver of future growth
  WACKER’s products and solutions help its customers to become more sustainable. Two-thirds of WACKER’s product portfolio already contributes to sustainable solutions. Increasing demand in this area is creating additional growth opportunities, which we want to leverage effectively.
• Work systematically on our own sustainability
  In December 2021, WACKER published specific sustainability targets for the period up to 2030. The main target is to reduce absolute greenhouse gas emissions by half during that time frame. WACKER aims to achieve a net zero carbon footprint by 2045.

For further information, visit www.wacker.com