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Wacker Chemie Targets 15% EBITDA Margin, 10%+ ROCE

By Drooid · Sep 18, 2026, 2:14 AM UTC · How we work

Summary

Wacker Chemie Sets EBITDA

Wacker Chemie announced a 15% EBITDA margin ambition at its Capital Markets Day.
It also targeted ROCE above 10% and shares rose 2.72% to €88.65 on Sep 16 2026.
Jefferies kept a Hold rating on Wacker Chemie with a €93.00 price target on Sep 17 2026.
After the guidance cut, shares fell 3.38% to €85.65 on Sep 17 2026.
In pre-market Tradegate trading on Sep 17 2026, the stock rose 2.1% to €90.55.

Summary

Wacker Chemie Targets NetZero

Wacker Chemie commits to Net Zero emissions by 2045 after cutting CO2 43% in 2025 versus 2020.
CEO Christian Hartel launched the REFOCUS plan to drive selective growth and improve profitability.
The Polymers division will strengthen its global lead in vinyl-acetate-ethylene dispersions and polymer powders.
The PACE cost-saving program, started in 2025, aims to generate over €300 million annually from 2028.

History

Historical Context

In 2015, BASF launched its €1 billion Cost-Saving Program, aiming to boost EBITDA and return on capital in the German chemicals sector. The program, overseen by CEO Martin Brudermüller, cut operating costs by 4% in 2016, delivering €300 million savings across Europe with support from the German government. Similarly, Wacker Chemie’s 2026 REFOCUS plan, led by CEO Christian Hartel, targets a 15% EBITDA margin and €300 million annual savings from its PACE program. If achieved, the dual focus on profitability and net-zero goals could reshape Germany’s chemical export landscape, echoing BASF’s earlier sector-wide efficiency drive.

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Wacker Chemie Sets EBITDA

Wacker Chemie announced a 15% EBITDA margin ambition at its Capital Markets Day.
It also targeted ROCE above 10% and shares rose 2.72% to €88.65 on Sep 16 2026.
Jefferies kept a Hold rating on Wacker Chemie with a €93.00 price target on Sep 17 2026.
After the guidance cut, shares fell 3.38% to €85.65 on Sep 17 2026.
In pre-market Tradegate trading on Sep 17 2026, the stock rose 2.1% to €90.55.

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