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Sales increase 1% to €3.68 billion, while adjusted EBITDA rises 14% to €679 million.
May 9, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Evonik made a good start to 2018. Adjusted EBITDA increased to €679 million in the first quarter, a significant rise of 14% year-on-year. All three chemicals segments contributed to the gain in earnings. “We are consistently implementing our new strategy,” said Christian Kullmann, chairman of the Executive Board. “With our focus on innovation and our performance-oriented corporate culture, we are consistently striving for profitable growth. Our goal is a balanced portfolio focused on special...
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