Wacker Chemie margin and ROIC targets face skepticism
J.P. Morgan analysts say Wacker Chemie’s earnings and ROIC could remain very weak amid cyclical and structural pressures, while the company targets ~15% EBITDA margin and a ~50% increase vs. its past three-year average.
P. Morgan analysts said Wacker Chemie’s earnings and return on capital invested could stay very weak because of cyclical and structural pressures. The German chemicals company is targeting an Ebitda margin of around 15%, which would be a roughly 50% increase from its average over the past three years, and ROIC ab…