German chemical company Wacker Chemie reported record losses of around €800 million in 2025 – its worst financial result in recent history.
The downturn was driven by weak global demand, soaring energy costs, and asset write-downs, including more than €300 million linked to its subsidiary Siltronic.
Sales fell only slightly to €5.5 billion, but profits of €261 million in 2024 turned into heavy losses in 2025.
The company announced a cost-cutting program that will eliminate about 1,500 jobs worldwide by 2027.
Sources - Agencies
