Fourth quarter 2022 sees PCC Group again post significant year-on-year increases in sales and earnings. Q4/2022 report highlights:
- Consolidated sales surpass billion euro mark with an increase versus prior year of 35% to € 1,322.4 million
- EBITDA hits € 93.6 million in the fourth quarter and € 290.3 million for full fiscal 2022, an increase of 47% year on year
- 2022 operating profit (EBIT) at € 217.5 million, 74% up on prior-year
The fourth quarter of 2022 saw Duisburg-based investment holding company PCC SE deliver significant double-digit increases versus prior-year in both sales and earnings, clearly exceeding expectations in both metrics. “Overall, 2022 was the best financial year in our corporate history,” commented Ulrike Warnecke, Member of the Executive Board of PCC SE. “High average selling prices, especially for the chlorine by-products caustic soda, hydrochloric acid and other chlorine derivatives – plus those commanded by surfactants – were the primary reason behind this exceptionally positive business development,” Warnecke explained. “In some areas, 2022 sales volumes were also significantly above expectations. Although sales prices declined from their – in some cases – historic highs in the course of the fourth quarter, they still largely remained at an elevated level.”
The aforementioned Group financials are unaudited. Detailed information on business performance in the fourth quarter can be found together with the full-year figures in PCC Group Quarterly Report 4/2022, available for downloading as a PDF file here.
