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Evonik Delivers Third Strong Quarter in a Row

Sales grew 4% to 3.4 billion euros, with adjusted EBITDA up year-on-year at €653 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Evonik announced its third quarter 2015 results. Driven by higher prices and positive currency effects, sales increased by 4% to €3,365 million in the third quarter, and by 6% to €10,309 million in the first nine months, supported by higher volumes.   The group’s adjusted EBITDA climbed 31% to €653 million in the third quarter and therefore remained at the high level reported for the previous quarters. In the first nine months, adjusted EBITDA rose 37% to €1,964 million. This was attributable ...

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