on Evonik Industries AG (ETR:EVK)
Evonik Adjusts 2025 Forecast Amid Weak Market Conditions
Evonik Industries AG has revised its outlook for the fiscal year 2025 following a reassessment of business forecasts. The company had originally forecasted an adjusted EBITDA between €2.0 billion and €2.3 billion but now anticipates approximately €1.9 billion. This adjustment comes as a response to ongoing weak demand expected to persist through the year.
For the third quarter of 2025, Evonik projects an adjusted EBITDA between €420 million and €460 million, significantly below the third quarter of 2024, which stood at €577 million. Current market expectations were around €501 million, highlighting a gap due to lackluster market conditions. Revenue is forecasted to reach approximately €3.4 billion, down from €3.8 billion in the previous year.
The company will release its final third-quarter results on November 4, 2025. The earlier predictions of a modest economic upturn in the latter half of the year have not come to fruition, with customers remaining cautious across all sectors.
R. P.
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