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Evonik Reports Key Financial Data for 2Q, 1H 2018

Sales are up by 7% to €3.9 billion, while EBITDA rises 16% to €742 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Evonik increased adjusted EBITDA to €742 million in the second quarter of 2018 (prior-year: €640 million). All three chemical segments contributed with excellent operational business development, as all three segments were able to increase their adjusted EBITDA as well as EBITDA margin compared to the same quarter of the previous year.   Sales increased to €3.9 billion in the second quarter (prior-year: €3.6 billion), largely due to higher sales volumes and higher selling prices. Adjusted net ...

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