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Sales up by 7% to €3.8 billion, with adjusted EBITDA up 8% to €692 million.
November 7, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Evonik increased adjusted EBITDA to €692 million in the third quarter of 2018 (prior-year: €640 million). The two growth segments – Nutrition & Care and Resource Efficiency – contributed considerable earnings growth, helping to increase profitability. The adjusted EBITDA margin improved to 18.2% compared with 18.0% in the same quarter of the previous year. Sales increased to €3.8 billion in the third quarter (prior-year: €3.6 billion), largely due to higher selling prices. Adjusted net inc...
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