WACKER Lifts Earnings Markedly in Q1 2020 and Refrains from Providing Full-Year Forecast Due to Corona Pandemic
· GROUP SALES FOR Q1 2020 TOTAL €1.20 BILLION, 3 PERCENT LOWER YEAR OVER YEAR, BUT UP 4 PERCENT VERSUS A QUARTER AGO · EBITDA OF €174 MILLION RISES BY 23 PERCENT YEAR OVER YEAR AMID HIGHER PLANT UTILIZATION AND BY 10 PERCENT QUARTER OVER QUARTER · NET INCOME FOR Q1 2020 AMOUNTS TO €69 MILLION · NET CASH FLOW IS POSITIVE AT €23 MILLION AND LIQUIDITY RISES TO €750 MILLION · AS RISKS FROM CORONA PANDEMIC BECOME EVER-MORE CONCRETE AND COVID-19 CONTINUES TO SPREAD RAPIDLY, IT IS NOT POSSIBLE TO ISSUE A RELIABLE FORECAST FOR 2020För mer information se bifogad pressrelease.