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Evonik Meets 2023 Forecast, Foresees Higher Profit in 2024

2023 adjusted EBITDA was €1.66 billion, with sales of €15.3 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Evonik met the 2023 forecast the company had reduced in the summer, despite a continuously challenging environment. The specialty chemicals company’s adjusted EBITDA amounted to €1.66 billion, within the targeted range of between €1.6 billion and €1.8 billion. Group sales fell by 17% to €15.3 billion, also within the targeted range of €14 billion to €16 billion. “The many crises around the world have put a damper on our results,” says Christian Kullmann, chairman of the E...

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