![DMAEE CAS1704-62-7 2-[2-(Dimethylamino)ethoxy]ethanol](http://dmaee.cn/wp-content/uploads/2022/11/cropped-logo1.jpg){kind=logo}
wacker chemical announces strong growth in polysilicon sales (jiangxi new materials co., ltd.)
based on preliminary calculations, wacker chemicals reported total annual sales of 5.4 billion euros (2015: 5.3 billion euros), approximately 10% higher than in 2015. 2%.
the main reason for the growth in sales performance is the increase in sales. each department’s sales in 2016 increased year-on-year.
according to preliminary data, the group’s ebitda was 1.1 billion euros (2015: 1.05 billion euros). that was up 5% from last year, despite a sharp contraction in special revenue from advances.
these special income items amount to approximately 20 million euros (2015: 138 million euros). adjusted for this effect, ebitda grew 19% in the annual report. group ebit (earnings before interest and taxes) in 2016 was 365 million euros (2015: 473 million euros), a year-on-year decrease of 23%, reflecting a significant increase in depreciation. in 2016, depreciation amounted to approximately eur 735 million (2015: eur 575 million). wacker’s preliminary net income was €190 million (2015: €242 million).
(jiangxi new materials co., ltd.)
group ceo rudolf staudigl said: “our chemicals business performed well in the fourth quarter and our semiconductor wafer and polysilicon sales grew well. sales in all segments were significantly higher than a year ago due to good customer demand. overall, this was our strongest end-of-quarter sales to date.” >
from october to december 2016, wacker polysilicon achieved total sales of 295 million euros (fourth quarter of 2015: 242 million euros). an increase of 22%. ebitda increased by 20% compared with the same period last year. it amounted to €85 million in the fourth quarter of 2016 (q4 2015: €71 million), including special income items of approximately €13 million (q4 2015: €28 million).