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Sales grew 15% to €7.3 billion, while adjusted EBITDA rose 8% to €1.25 billion.
August 3, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Evonik grew sales to €7.3 billion in the first six months of 2017. The rise of 15% compared with the first half of 2016 was partly due to the first-time consolidation of the specialty additives business of the US company Air Products. Evonik acquired this business in January. Other reasons for the increase in sales were the significant rise in demand and slightly higher selling prices. “Our business development is on target,” said Christian Kullmann, chairman of the Executive Board. “Moreove...
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