Evonik reports lower sales and earnings; shareholders place more shares ahead of listing

13:32 PM | March 12, 2013 | Natasha Alperowicz

Evonik Industries today reported a 6% drop in fourth-quarter Ebitda, to €492 million ($641.7 million) on 2% lower sales, of €3.27 billion, citing destocking by customers and the economic slowdown. Net...