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Sales grew 8% to 3.5 billion euros in 2Q 2015, with adjusted EBITDA margin at 18.8%.
August 4, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
Evonik Group reported on its second quarter and first half 2015 results. Sales grew 8% to €3,519 million in the second quarter of 2015, and also by 8% to €6,944 million in the first six months of the year. Adjusted EBITDA increased by 40% to €661 million in the second quarter, and by 40% to €1,311 million in the first six months. This was principally due to the sustained good volume trend, partly as a result of the new capacity, and to higher selling prices and slightly lower raw material cos...
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