Wacker Chemie (WCH) AGM 2026 summary

Opening remarks and agenda

• CEO Christian Hartel opened the meeting on May 6, 2026, outlining the focus on future solutions and growth initiatives.

Financial performance review

• 2025 sales reached €5.5bn, a 4% decrease year-over-year.

• EBITDA for 2025 was €427m, down 43% from the previous year, including €-100m in special effects.

• Liquidity increased to €1.5bn (+18%), but the equity ratio fell to 44.9%.

• Net financial debt rose 28% to €886m; net cash flow dropped to €-3.6m.

• Net result for 2025 was €-805m, impacted by €-600m in valuation adjustments.

• Q1 2026 sales were €1.41bn (-5% YoY), but EBITDA improved by 45% to €173m.

Dividend announcements

• No dividend was proposed for 2025 due to the negative net result.