Wacker Chemie reported lower revenue and earnings for fiscal 2025. The company’s 2025 annual report shows group revenue declining to €5.49 billion from €5.72 billion a year earlier. EBITDA totaled €427 million, or €529 million before special expenses.
Revenue and earnings decline
The company attributed the weaker performance to lower sales volumes and prices, reduced utilization of production facilities, and persistently high energy costs in Germany. It also incurred special restructuring expenses in connection with the “PACE” cost-cutting program.
Launched in October 2025, the program is intended to reduce annual costs in production and administration by more than €300 million. More than 1,500 positions are to be eliminated worldwide, most of them in Germany. According to chemie.de, details of the planned cuts in Germany depend on the progress of negotiations with employee representatives.
Chemical industry under pressure
Commenting on market conditions, CEO Christian Hartel said: “The chemical industry came under enormous pressure in 2025. Demand remained weak across many customer industries. Trade conflicts and geopolitical crises added to market uncertainty. As a result, orders were held back. Many companies postponed investments.” Hartel also pointed to new competitors and substantial overcapacity in many segments.