WACKER Lifts Its Sales in Q1 2019 and Confirms Full-Year Forecast
· GROUP SALES FOR Q1 2019 REACH €1.24 BILLION, UP 2 PERCENT YEAR OVER YEAR AND 4 PERCENT QUARTER OVER QUARTER · AT €142 MILLION, EBITDA DECLINES 44 PERCENT VERSUS A YEAR AGO AND 18 PERCENT QUARTER OVER QUARTER, SLOWED BY LOWER POLYSILICON PRICES, HIGHER ENERGY COSTS AND A TEMPORARY OUTAGE AT A SILICONE-RUBBER PLANT · NET RESULT FOR Q1 2019 AMOUNTS TO €-6 MILLION · AT €-135 MILLION, NET CASH FLOW IS CLEARLY NEGATIVE, DUE PARTLY TO HIGHER CAPITAL EXPENDITURES AND INCREASED WORKING CAPITAL · FULL-YEAR FORECAST CONFIRMED: GROUP SALES FOR 2019 EXPECTED TO GROW BY A MID-SINGLE-DIGIT