IHS Chemical Week

World News and Views :: Top of the News

Evonik reports higher earnings on lower sales; positive on 2012

1:39 AM MST | November 9, 2012 | Natasha Alperowicz

Evonik Industries today reported a 5% increase in third-quarter net income to €355 million ($452.7 million) on 6% lower sales of €3.42 billion, partly due to the July 2011 divestment of the company’s carbon black business. Organic sales declined 2% year-on-year, with volumes down slightly. Selling prices were stable. Adjusted Ebitda slipped 2% to €731 million while adjusted Ebitda margin was 21.4%, compared with 20.6% in the third quarter of 2011.   “Evonik is still doing well, even in the difficult conditions,” says Klaus...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa