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Evonik Reports 2017 Fiscal Year Results

Sales grew 13% to €14.4 billion, with adjusted EBITDA of €2.36 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Evonik fully achieved its earnings forecast in 2017. With adjusted EBITDA of €2.36 billion, earnings were at the upper end of the range of €2.2 billion to €2.4 billion. Sales grew 13% to €14.4 billion.   “2017 was a good year for Evonik,” said Christian Kullmann, chairman of the Executive Board. “We made progress in implementing our strategy and we will continue to consistently drive it forward in 2018.”   At the Annual Shareholders’ Meeting on May 23, the Executive Board and Supervisory Boa...

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