Evonik beats profit forecast, but concerns over unit results hit …

Nov 6, 2024 · Evonik posted a 19% rise in quarterly adjusted core earnings (EBITDA) to 577 million euros ($622 million), ahead of analysts' median forecast of 572.7 million euros in a …

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Evonik Beats Profit Forecast, But Concerns Over Unit Results Hit …

3 weeks from now

Nov 6, 2024 · Evonik posted a 19% rise in quarterly adjusted core earnings (EBITDA) to 577 million euros ($622 million), ahead of analysts' median forecast of 572.7 million euros in a …

reuters.com

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Evonik Beats Profit Forecast, But Concerns Over Unit Results Hit …

3 weeks from now

Nov 6, 2024 · Core profit in the Performance Materials unit slumped 44% to 19 million euros in the third quarter, impacted by the sale of Evonik's superabsorbents business finalised on Aug. 31. …

marketscreener.com

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Significant Profit Decline In Second Quarter - Economic …

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Aug 10, 2023 · Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of €15.3 billion and an …

evonik.com

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Evonik Exceeds Expectations In The First Quarter

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Apr 16, 2024 · Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of €15.3 billion and an …

evonik.com

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Evonik Grows Strongly In The First Half Of The Year And Confirms ...

3 weeks from now

Aug 10, 2022 · Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of €15 billion and an operating …

evonik.com

FAQs about Evonik beats profit forecast, but concerns over unit results hit … Coupon?

Why did Evonik Industries report a strong first-quarter profit?

REUTERS/Fabrizio Bensch/File Photo Purchase Licensing Rights April 16 (Reuters) - German chemicals group Evonik Industries (EVKn.DE) on Tuesday reported preliminary first-quarter core profit above market expectations, citing higher sales volumes in its Specialty Additives and Nutrition & Care divisions. ...

What is Evonik's earnings forecast for the current year?

After a strong third quarter, Evonik is making its earnings forecast for the current year more precise. The company now expects adjusted EBITDA of about €2.4 billion. ... MORE ...

Why was Evonik's EBITDA lower than expected?

Evonik said it expected full-year adjusted EBITDA at the lower end of its earlier forecast of 2.1 billion to 2.4 billion euros. It cited falling prices for animal feed additive methionine and for products of the C4 chain in its performance materials unit. ...

Is Evonik's 'leaner' strategy paying off?

(Reuters) - German chemicals group Evonik Industries reported third-quarter core profit above market expectations on Wednesday, and said its initiatives to cut costs and build a leaner organisation were paying off. ...

What happened to Evonik?

In October, Evonik said it planned to scale back its adhesives and health care lines to focus on the core parts of those businesses, while shedding other non-core operations. Its free cash flow fell to 357 million euros in the quarter from 469 million a year ago. ...

Who is Evonik Industries?

As of Dec 29, 2024. Values delayed up to 15 minutes Evonik Industries AG is a Germany-based specialty chemicals company. The Company engages in the development, construction, distribution and trade of scientific equipment, chemicals and accessories for use in the fields of life sciences and biotechnology. ...