Annual Report 2022

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Creating tomorrow’s solutions

WACKER POLYSILICON

WACKER POLYSILICON’s sales grew by 49.5 percent in 2022, coming in at €2,287.2 million (2021: €1,529.8 million). Higher selling prices were the chief driver of this increase. Compared with the prior year, the share of electronic-grade silicon in the portfolio was higher. Asia was once again the division’s key sales region in 2022.

EBITDA rose by 25.7 percent to €825.7 million (2021: €656.7 million). Higher prices were the main growth driver, while increases in energy and raw-material costs dampened earnings. The EBITDA margin was 36.1 percent (2021: 42.9 percent).

WACKER POLYSILICON’s capital expenditures were higher at €91.9 million (2021: €30.6 million) and were focused on semiconductor applications. The number of employees as of December 31, 2022, totaled 2,283 (December 31, 2021: 2,219 ).

Key Data: WACKER POLYSILICON

 

 

 

 

 

€ million

 

2022

 

2021

 

2020

 

2019

 

2018

 

 

 

 

 

 

 

 

 

 

 

Total sales

 

2,287.2

 

1,529.8

 

792.2

 

780.0

 

823.5

EBITDA

 

825.7

 

656.7

 

4.7

 

56.9

 

72.4

EBITDA margin (%)

 

36.1

 

42.9

 

0.6

 

7.3

 

8.8

EBIT

 

705.3

 

528.9

 

-147.8

 

-1,012.9

 

-257.3

Capital expenditures

 

91.9

 

30.6

 

24.9

 

35.3

 

62.2

R&D expenses

 

27.0

 

21.3

 

21.3

 

30.0

 

32.8

Employees (December 31, number)

 

2,283

 

2,219

 

2,180

 

2,333

 

2,549

EBITDA
Earnings before interest, taxes, depreciation and amortization.
Silicon
After oxygen, silicon is the most common element in the Earth’s crust. In nature, it occurs without exception in the form of compounds, chiefly silicon dioxide and silicates. Silicon is obtained through energy-intensive reaction of quartz sand with carbon and is the most important raw material in the electronics industry.