Wacker Chemie sets 15 percent margin goal. Wacker Chemie stock gains 1.29 percent

Published on 10/06/2026 at 16:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

REFOCUS targets annual savings above EUR 300 million from 2028. Wacker Chemie stock was last at EUR 90.20 on October 6, 2026 versus EUR 89.05.

Aquarellmalerei einer Flussstadt mit Chemiewerk-Skyline im Hintergrund — Wacker Chemie AG (DE000WCH8881) inspiriert diese Aquarelldarstellung einer Industriestadt mit Chemiewerk am Fluss, Illustration mit AI erstellt.

Wacker Chemie stock was last at EUR 90.20 on Xetra on October 6, 2026 at 4:35 p.m. CEST, up 1.29 percent versus the EUR 89.05 prior close. On September 17, 2026, TradingView reported that Wacker Chemie set a 15.00 percent EBITDA margin ambition and annual savings above EUR 300 million from 2028.

REFOCUS sets a 15 percent margin goal

The strategy aims to lift profitability through selective growth, portfolio management and the PACE efficiency program. The company also set a return on capital employed target above 10.00 percent and expects annual investments of EUR 300 million to EUR 400 million in the coming years, according to TradingView.

The margin target is material because the source described it as 50.00 percent above the average of the prior three years. Wacker also reaffirmed its commitment to reach net zero emissions by 2045, while solar-grade polysilicon remained the main operating challenge.

Second-quarter earnings show the comparison

In the second quarter of 2026, group sales increased 7.00 percent year over year to EUR 1.52 billion. EBITDA before the special pension effect rose 53.00 percent to EUR 175.0 million from EUR 114.0 million in the second quarter of 2025, according to Yahoo Finance.

The earnings mix still carries a clear split. Second-quarter silicones sales reached EUR 757.0 million, up 6.00 percent year over year, while polysilicon sales increased 3.00 percent to EUR 226.0 million. The semiconductor business grew, but weak solar demand, energy costs and regulatory uncertainty constrained the polysilicon outlook.

Jefferies sees limited target upside

On September 29, 2026, Jefferies maintained a Hold rating and a EUR 93.00 price target, while forecasting third-quarter EBITDA of EUR 212.0 million, according to finanzen.ch. Against the Xetra price of EUR 90.20, that target is 3.10 percent above the price.

Stock remains below its yearly high

The Xetra price of EUR 90.20 is EUR 15.40 below the 52-week high of EUR 105.60 and EUR 27.95 above the 52-week low of EUR 62.25, both as of October 6, 2026. Market capitalization stood at EUR 4.5 billion on the same date, keeping the strategic targets tied to a stock that remains well below its yearly peak.

Wacker Chemie was last at EUR 90.20 on Xetra on October 6, 2026 at 4:35 p.m. CEST, plus 1.29 percent versus the Xetra close of EUR 89.05 on October 5, 2026.