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Evonik specifies outlook for 2016 following a good second quarter

  • Evonik registered considerable volume growth in the first six months of 2016, mainly as a result of growth in the second quarter.
  • Adjusted EBITDA margin continues at very good level of 18.1 percent in the first six months
  • Adjusted net income above €500 million
  • Outlook for the full year specified: Evonik still expects to report slightly lower sales in 2016 (2015: €13.5 billion) mainly due to declining selling prices. Adjusted EBITDA in the upper half of the anticipated range of €2.0 billion to €2.2 billion.

corporate.evonik.com/en/media/press_releases/Pages/n...

Exhibitor: Evonik Degussa (China) Co., Ltd.

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