Product
Supplier
Encyclopedia
Inquiry
Home > News > Company News > Evonik says Q3 earnings were clearly above market expectations

Evonik says Q3 earnings were clearly above market expectations

2020-10-26

German chemicals maker Evonik EVKn.DE on Thursday said its third quarter core profit came in clearly above market expectations, driven by demand from the construction and renewable energy industry.

Core earnings - or earnings before interest, taxes, depreciation and amortisation (EBITDA), adjusted for one-offs - slipped 4% to 519 million euros ($608 million), surpassing an analyst consensus of 471 million, it said in an unscheduled statement.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

Looking for chemical products? Let suppliers reach out to you!

Comment
Comment

Trade Alert

Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)

Scan the QR Code to Share

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.