Evonik profit, sales fall in third quarter, beats consensus

Evonik profit, sales fall in third quarter, beats consensus
WESPECH PTE LTD
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23.10.2020

MOSCOW (MRC) -- Evonik Industries has reported preliminary adjusted net profit in the third quarter of EUR186.0 million (USD217.7 million), a decline of 4.6% year on year (YOY) but beating analysts' consensus estimates by EUR18 million, reported Chemweek. Sales totaled EUR2.92 billion, down 9.6% YOY, while adjusted EBITDA was EUR519 million, EUR24 million or 4.4% less than in the prior-ye

Full article at mrcplast.com

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