In this informative and engaging video, Joerg Hoffmann, the Head of Investor Relations at Wacker Chemie AG, provides a detailed overview of the company’s robust financial results for FY 2022.
The video begins with highlights from the fiscal year, showcasing the company’s impressive financial performance, characterized by record-high sales of €8.21 billion, a significant increase of 32% compared to the previous year. This extraordinary growth led to a net income for the year of €1.28 billion, underscoring the company’s profitability and strength in the market.
Hoffmann further discusses the company’s proposal for an unprecedented dividend of €12.00 per share, a decision that affirms WACKER’s commitment to rewarding its loyal shareholders.
Looking to the future, the presentation introduces new group targets set for 2030, heralding a new phase of strategic growth and development for the company. This strategy encompasses key investments across sectors expected to fortify the company’s market position and stimulate further growth.
The video breaks down the contributions from the company’s four core segments – SILICONES, POLYMERS, BIOSOLUTIONS, and POLYSILICON. The analysis reveals how each segment has contributed to the successful fiscal year, adding to WACKER’s overall business success and diversified product portfolio.
Hoffmann concludes the video by discussing the company’s solid financial position, including a strong balance sheet and a net financial position of €1.5 billion. The Q1 trading update indicates a promising start to 2023, which is likely to excite potential investors.
Reviews for Wacker Chemie AG Financial Results FY 2022 | Record Sales and Strategic Investments for Future Growth with IR