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Mai - Juli 2023 (Q1 2023).pdf

230509-evonik-company-presentation-may-2023-8889.pdf
Preview of Mai - Juli 2023 (Q1 2023)
🔗 Source: files.evonik.com
📊 Size: 2.64 MB
👤 Author: Gyoery, Daniel
⬇️ Downloads: 46

Summary

Evonik had a slow start in 2023, with Q1 adjusted EBITDA of €409m due to low volumes, despite positive pricing in Specialties. The company saw an improving trend through Q1, with each month showing sequentially better earnings. Evonik confirmed its outlook for FY 2023, with the lower end of the adjusted EBITDA range (€2.1-2.4bn) being more likely. The company is focusing on becoming a best-in-class specialty chemicals company, with a clear focus on sustainability and a target of 100% specialty portfolio. Evonik is also working on strengthening its competitiveness, particularly in its Animal Nutrition business, and has made its first divestment in Performance Materials.

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Description

Evonik had a slow start in 2023, with Q1 adjusted EBITDA of €409m due to low volumes, despite positive pricing in Specialties.

Technical Information

  • File Format: PDF
  • File Size: 2.64 MB
  • Pages: 59
  • Language: EN
  • Author: Gyoery, Daniel
  • Total Downloads: 46
  • Last Updated: 1 week ago

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