{"id":5070,"date":"2025-04-30T17:15:13","date_gmt":"2025-04-30T15:15:13","guid":{"rendered":"https:\/\/geschaeftsbericht-2024.pcc.eu\/information-for-our-investorsto-the-investors\/a-word-of-welcomefrom-the-chairman-of-thesupervisory-boardgrusswort-des-vorsitzenden-des-aufsichtsrats\/"},"modified":"2025-05-21T09:54:18","modified_gmt":"2025-05-21T07:54:18","slug":"a-word-of-welcomefrom-the-chairman-of-thesupervisory-boardgrusswort-des-vorsitzenden-des-aufsichtsrats","status":"publish","type":"page","link":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/information-for-our-investors\/a-word-of-welcomefrom-the-chairman-of-thesupervisory-boardgrusswort-des-vorsitzenden-des-aufsichtsrats\/","title":{"rendered":"A word of welcome from the Chairman of the Supervisory Board"},"content":{"rendered":"\t\t
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\n\t\t\t\t\t\t\t\t\tLadies and Gentlemen,<\/strong>
<\/br>\n\nIn this Annual Report, the PCC Group once again looks back on a very challenging year. As in 2023, fiscal\n2024 was again characterized by the ongoing economic weakness in Germany and the countries of\nthe European Union, i.e. in the company\u2019s main sales markets. This was compounded by the continued aggressive export policy of non-European countries, particularly China and, in the case of silicon metal, Brazil. In addition, the ongoing geopolitical crises such as the Russia-Ukraine war and the Middle East\nconflict, as well as increasing political uncertainty at the end of the year resulting from the change of\ngovernment in the USA and the break-up of the coalition government in Germany, had a negative\nimpact on both the European economy and trading conditions worldwide. While inflation and interest rates showed a gratifyingly downward trend, the sometimes enormous price hikes of previous years once again led to significantly higher personnel costs and expenses charged by external service providers in 2024, resulting in additional burdens for all European industry.
<\/br>\n\nDespite this difficult market environment, the three chemical-producing segments of the PCC Group\nand the Trading & Services and Logistics segments were able to successfully hold their own. By contrast,\nthe Silicon & Derivatives segment remained loss-making in 2024 due to persistently aggressive price\ncompetition. Although the measures introduced to increase productivity and reduce costs meant the\nlosses in this segment were significantly lower than in the previous year, they once again led to a\nnegative result in the low double-digit million euro range at pre-tax level for the Group as a whole. The earnings situation in the Silicon & Derivatives segment \u2013 and therefore also in the Group as a whole \u2013 should steadily improve in the coming months as a result of another extensive package of measures to optimize processes and costs, which was assembled together with an external restructuring consultant and agreed at the beginning of 2025.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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\n\t\t\t\t\t\t\t\t\tSince going into operation in 2016,\nthe production plant for high-purity\nmonochloroacetic acid (MCAA) has\nsignificantly extended our chlorine\nvalue chain.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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\n\t\t\t\t\t\t\t\t\t\u201cThe Supervisory Board of\nPCC SE believes that the\ncompany is well positioned\nfor the future, not least\ndue to its far-sighted investment\nprogram of recent\nyears (\u2026).\u201d\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tWaldemar Preussner<\/strong>
Chairman of the Supervisory Board of PCC SE\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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\n\t\t\t\t\t\t\t\t\tThe management of PCC SE including the Executive Board members and managing\ndirectors of all subsidiaries and, not least, all Group employees have worked tirelessly\nfor the corporation, meeting the challenges of a difficult fiscal 2024. As Chairman of\nthe Supervisory Board, I would like to express my great appreciation and thanks to all\nof you, also on behalf of my colleagues on the Supervisory Board. Our gratitude also goes to all our business partners and, of course, to all our investors, many of whom\nhave long placed their trust in PCC.
<\/br>\n\nMany of the challenges of fiscal 2024 have persisted beyond the turn of the year, including the war we are witnessing in Ukraine and the conflict in the Middle East. In addition, there have been renewed threats from China toward Taiwan and, in\nparticular, concerns about a global trade war resulting from the current policies of\nthe new US administration. The political course of the new German government\nwill likewise be decisive for economic development in Germany and in Europe as a\nwhole. Nevertheless, the Supervisory Board of PCC SE believes that the company\nis well positioned for the future, not least due to its far-sighted investment program\nof recent years and the increasing geographic expansion of its core business in\ngrowth markets such as Asia and the USA. The Supervisory Board supports these\ngrowth plans and will continue to closely accompany PCC on its future path.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tDuisburg, April 2025\n
<\/br>\nKind regards,\n
<\/br>\nWaldemar Preussner<\/strong>\n
\nChairman of the Supervisory Board of PCC SE\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Ladies and Gentlemen, In this Annual Report, the PCC Group once again looks back on a very challenging year. As in 2023, fiscal 2024 was again characterized by the ongoing economic weakness in Germany and the countries of the European Union, i.e. in the company\u2019s main sales markets. This was compounded by the continued aggressive […]<\/p>\n","protected":false},"author":4,"featured_media":5805,"parent":5053,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-5070","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/pages\/5070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/comments?post=5070"}],"version-history":[{"count":24,"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/pages\/5070\/revisions"}],"predecessor-version":[{"id":5851,"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/pages\/5070\/revisions\/5851"}],"up":[{"embeddable":true,"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/pages\/5053"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/media\/5805"}],"wp:attachment":[{"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/media?parent=5070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}