MUNICH, Germany—Wacker A.G. said it experienced healthy demand across all business divisions for the first two months of 2014.
The company is projecting sales for the first quarter at more than $1.4 billion. Sales for first quarter 2013 were approximately $1.5 billion.
The firm said sales were above the comparable prior-year figures through the first two months of 2014, highlighting polysilicon. It experienced improvements for chemicals and semiconductors.
For 2014, Wacker projects both its sales and earnings will increase compared to 2013, projecting a mid-single-digit percentage increase. It said every division is expected to surpass the volumes and sales for 2013.
“After two challenging years, I am more optimistic about 204, said CEO Rudolf Staudigl.
It reported 2013 sales of approximately $6.23 billion, a 3 percent drop from 2012.