WACKER POLYMERS
WACKER POLYMERS’ sales increased significantly in 2022, growing by 19.3 percent to €2.00 billion (2021: €1.67 billion) due to substantially better selling prices and to product-mix and exchange-rate effects. All three key regions – the Americas, Asia and Europe – recorded sales growth.
At €288.7 million, (2021: €252.6 million), EBITDA was up by 14.3 percent year over year, due predominantly to higher prices. The EBITDA margin was 14.5 percent (2021: 15.1 percent).
Capital expenditures increased slightly versus the prior year, coming in at €107.3 million (2021: €100.1 million). Some of the funds were invested in construction of a dispersion reactor and spray dryer at the Nanjing site in China. As of December 31, 2022, the number of employees at the division was 1,603 (Dec. 31, 2021: 1,595 ).
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€ million |
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2022 |
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2021 |
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2020 |
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2019 |
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2018 |
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Total sales |
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1,996.2 |
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1,673.6 |
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1,298.5 |
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1,315.1 |
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1,282.2 |
EBITDA |
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288.7 |
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252.6 |
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270.5 |
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194.2 |
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147.7 |
EBITDA margin (%) |
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14.5 |
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15.1 |
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20.8 |
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14.8 |
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11.5 |
EBIT |
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238.3 |
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198.7 |
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229.3 |
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153.7 |
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108.0 |
Capital expenditures |
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107.3 |
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100.1 |
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35.6 |
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62.4 |
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71.0 |
R&D expenses |
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35.2 |
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35.1 |
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32.2 |
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33.9 |
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30.0 |
Employees (December 31, number) |
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1,603 |
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1,595 |
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1,540 |
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1,630 |
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1,600 |
