Duisburg, August 23, 2022. Duisburg-based investment holding company PCC SE further extended its performance success, with earnings and sales growth significantly exceeding expectations in the second quarter of 2022. The highlights of the quarterly report 2/2022:
Quarterly sales of the PCC Group rose by 34.8% year on year to € 322.8 million, while Group revenues for the first half of the year increased by 49.0% to € 668.1 million.
Half-year EBITDA increases by around two-thirds year on year to € 143.0 million.
Half-year operating result (EBIT) increases to € 107.1 million in the first half of 2022, more than twice as high as in 2021.
PCC triples earnings before tax (EBT) in the first half of the year to €100.9 million.
“Persistently high selling prices surpassing our predictions were a key factor in this performance – with the chlorine co-product caustic soda, plus other chlorine derivatives and also surfactants, doing especially well,” explains Ulrike Warnecke, Member of the Executive Board of PCC SE, adding: “Likewise on the earnings side, we exceeded both our very good prior-year figures and our already high expectations for the current fiscal year.”
The aforementioned Group financials are unaudited. Detailed information on our business development in the second quarter and the half-year financials can be found in the PCC Group quarterly report 2/2022, here for PDF download.
