|Bid||65.60 x 4300|
|Ask||65.66 x 18300|
|Day's Range||65.00 - 67.34|
|52 Week Range||57.86 - 98.60|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||27.78|
|Earnings Date||Oct 24, 2019|
|Forward Dividend & Yield||2.50 (3.74%)|
|1y Target Est||104.36|
Germany, a poster child for responsible energy, is renouncing nuclear and coal. The country, the biggest electricity market in the European Union, is abandoning nuclear power by 2022 due to safety concerns compounded by the Fukushima disaster and phasing out coal plants over the next 19 years to combat climate change. In the next three years alone conventional energy capacity is expected to fall by a fifth, leaving it short of the country's peak power demand.
Moody's Investors Service ("Moody's") has affirmed Momentive Performance Materials Inc.'s (Momentive) B2 Corporate Family Rating (CFR), B2-PD probability of default rating, and the ratings on the existing notes. At the same time, Moody's has assigned a B1 rating to Momentive's proposed $839 million first lien senior secured term loan.
German speciality chemicals maker Wacker Chemie on Tuesday warned that core earnings would fall significantly in the first quarter of 2019, blaming high energy costs and lower prices for polysilicon, which it supplies to the solar industry. "From today's perspective, 2019 is not going to be an easy year," Chief Executive Rudolf Staudigl said as the group published final results for 2018, along with an unchanged dividend proposal of 2.50 euros per share. First-quarter earnings before interest, tax, depreciation and amortisation will be markedly below last year's 254.5 million euros (217.58 million pounds), Wacker said.
German speciality chemicals maker Wacker Chemie on Tuesday said it expects its core profit to decline by up to a fifth this year, pointing to lower selling prices for polysilicon, which it supplies to the solar industry. Earnings before interest, taxes, depreciation and amortisation (EBITDA) will decline by 10-20 percent in 2019 compared with the 930 million euros (800.4 million pounds) the group made last year, Wacker Chemie said. "A significant contributing factor to the projected EBITDA decline are lower average prices anticipated for polysilicon this year," Wacker Chemie said in a statement, adding it expects sales to grow by a mid-single digit percentage from last year.
Every investor in Wacker Chemie AG (ETR:WCH) should be aware of the most powerful shareholder groups. Institutions often own shares in more established companies, while it’s not unusual to see Read More...
Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Historically, Wacker Chemie AG (ETR:WCH) has paid dividends to shareholders, Read More...