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A solid performance in Q2 2014, with slight operating improvement compared to the first quarter
August 1, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Evonik announced that it achieved organic sales growth in the first six months of 2014, noting that it had slight organic sales growth to €6.4 billion and Adjusted EBITDA margin of 14.5%. The operating results were solid, although they were below the good prior-year level due to the erosion of selling prices for some important products. Evonik is confirming and specifying its outlook for 2014 as a whole. The company still anticipates that sales will rise slightly (2013: €12.7 billion), and th...
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