Evonik Q2 net income falls by 50%

MOSCOW (MRC) -- Evonik Industries says its net profits in the second quarter of 2020 were 50% lower on a year-on-year (YOY) basis, at EUR114 million (USD134 million), on sales of EUR2.83 billion, 14% down on the same period of the previous year, said Chemweek.This result is attributed to significantly weaker demand in some markets, the company says. Adjusted EBITDA beat analysts' consensu

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