WACKER POLYSILICON
WACKER POLYSILICON’s sales in 2021 were almost twice as high as a year earlier, coming in at €1,529.8 million (2020: €792.2 million). This gain of 93.1 percent was primarily due to volume growth for high-quality polysilicon for the semiconductor and solar industries and markedly higher prices, especially for solar-grade polysilicon. Asia was once again the division’s key sales region in 2021.
WACKER POLYSILICON’s EBITDA grew even more markedly, reaching €656.7 million (2020: €4.7 million). This increase was chiefly attributable to significantly higher prices, to volume growth – especially for the semiconductor industry – and to further improvements in the cost of goods sold that were more than offset, however, by higher raw-material prices. A strong rise in raw-material and electricity prices had a negative impact on the cost of goods sold. The EBITDA margin was 42.9 percent (2020: 0.6 percent).
WACKER POLYSILICON’s capital expenditures were slightly higher at €30.6 million (2020: €24.9 million). The number of employees as of December 31, 2021, totaled 2,219 (December 31, 2020: 2,180 ).
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€ million |
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2021 |
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2020 |
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2019 |
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2018 |
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2017 |
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Total sales |
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1,529.8 |
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792.2 |
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780.0 |
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823.5 |
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1,124.0 |
EBITDA |
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656.7 |
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4.7 |
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56.9 |
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72.4 |
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290.4 |
EBITDA margin (%) |
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42.9 |
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0.6 |
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7.3 |
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8.8 |
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25.8 |
EBIT |
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528.9 |
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-147.8 |
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-1,012.9 |
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-257.3 |
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-87.6 |
Capital expenditures |
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30.6 |
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24.9 |
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35.3 |
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62.2 |
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57.6 |
R&D expenses |
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21.3 |
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21.3 |
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30.0 |
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32.8 |
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22.6 |
Employees (December 31, number) |
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2,219 |
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2,180 |
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2,333 |
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2,549 |
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2,538 |
