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Reuters

Reuters

Technology

Technology

Wacker Chemie core profit falls on lower prices and high energy costs

Reuters
Summary
Nutrition label

80% Informative

Wacker Chemie reported a 7% fall year-on-year in its annual core profit on Tuesday .

The specialty chemicals maker's preliminary earnings before interest, taxes, depreciation and amortisation (EBITDA) for 2024 declined to 770 million euros ( $803.96 million ) from 824 million euros a year earlier .

It added that its preliminary 2024 sales reached 5.72 billion euros, down 11% from 2023 .

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semi-formal

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English

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