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WACKER Expects Sales Growth and Substantially Higher Earnings in 2021 ■ AT € 4.69 BILLION , SALES IN 2020 DOWN 5 PERCENT YEAR OVER YEAR AMID THE CORONAVIRUS PANDEMIC , WITH EBITDA FALLING 15 PERCENT TO € 666 MILLION ■ NET INCOME REACHES € 202 MILLION ■ DIVIDEND PROPOSAL OF € 0 PER SHARE EQUIVALENT TO A PAYOUT OF € 99 MILLION ■ WACKER EXPECTS SALES TO GROW BY A MID - SINGLE - DIGIT PERCENTAGE IN 2021 ■ EBITDA EXPECTED TO BE 10 TO 20 PERCENT HIGHER THAN LAST YEAR ■ NET CASH FLOW PROJECTED TO BE CLEARLY POSITIVE AGAIN IN 2021 , BUT SUBSTANTIALLY BELOW LAST YEAR ■ GROUP NET INCOME SET TO RISE MARKEDLY Munich , Mar 16 , 2021 As already reported , Wacker Chemie AG's total sales for 2020 did not quite match the prior - year level due to the effects of the coronavirus pandemic . On presenting its annual report today , the Munich - based chemical company announced that Group sales came in at € 4.69 billion in 2020 ( 2019 : € 4.93 billion ) , down 5 percent year over year . Sales contracted sharply , especially in Q2 2020. Although WACKER regained some ground in Q3 and Q4 , supported mainly by robust construction and polysilicon demand , it did not fully make up for that sales slump . In addition to prices and volumes that were generally lower year over year , product - mix and exchange - rate effects also slowed WACKER'S sales .