WACKER achieves sales above €2 billion for the first time in Q1 2022 and more than doubles EBITDA year over year
· AT €2.08 BILLION, GROUP SALES FOR Q1 2022 UP 53 PERCENT YEAR OVER YEAR AND 23 PERCENT QUARTER OVER QUARTER · EBITDA CLIMBS TO €644 MILLION, MORE THAN TWICE AS HIGH YEAR OVER YEAR AND UP 26 PERCENT OVER THE PREVIOUS QUARTER, DUE TO HIGHER PRICES AND POSITIVE PRODUCT-MIX EFFECTS · NET INCOME FOR Q1 AT €403 MILLION · NET CASH FLOW AT €18 MILLION DUE TO HIGHER WORKING CAPITAL AND A PAYMENT FOR INVESTMENT IN SPECIALTY SILANES MANUFACTURER SICO · SALES FORECAST RAISED: GROUP SALES PROJECTED AT AROUND €7.5 BILLION IN 2022, WITH EBITDA STILL EXPECTED TO BE BETWEEN €1.2 BILLION AND €1.5