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Sales rose 4% to €15 billion, and adjusted EBITDA increased 10% to €2.6 billion.
March 6, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Evonik announced its full-year results for 2018. Adjusted EBITDA increased 10% to €2.6 billion, compared with the previous year. All three chemical segments contributed to profit growth. The earnings forecast that Evonik had raised after the first half of the year was achieved despite external adversities in the second half of the year. Sales rose 4% to €15 billion. The adjusted EBITDA margin climbed to 17.3%, approximately 1% higher than in 2017, taking Evonik a significant step towards its m...
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