In This Article:
Wacker Chemie (ETR:WCH) Full Year 2024 Results
Key Financial Results
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Revenue: €5.72b (down 11% from FY 2023).
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Net income: €241.0m (down 23% from FY 2023).
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Profit margin: 4.2% (down from 4.9% in FY 2023). The decrease in margin was driven by lower revenue.
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EPS: €4.85 (down from €6.31 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Wacker Chemie EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 18%.
The primary driver behind last 12 months revenue was the Wacker Silicones segment contributing a total revenue of €2.81b (49% of total revenue). Notably, cost of sales worth €4.74b amounted to 83% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to €348.6m (47% of total expenses). Explore how WCH's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Chemicals industry in Germany.
Performance of the German Chemicals industry.
The company's shares are up 1.7% from a week ago.
Risk Analysis
Be aware that Wacker Chemie is showing 1 warning sign in our investment analysis that you should know about...
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