EVKIF News and Press, Evonik Industries Ag From 07/27/23

2023-07-27 08:19:55 ET Summary Despite a downturn in the specialty chemicals sector, I remain positive about investment in Evonik Industries stock due to strong dividends, a BBB+ credit rating, and strong underlying fundamentals. The company's 2Q23 results were weaker than expecte...

2023-05-10 16:53:00 ET Summary Improving trend at the EBITDA level. Cost-saving initiatives are underway and Evonik's portfolio improvements continue. 2023 guidance was unchanged, and neither was our valuation. Last year, we analyzed EU chemical companies with the on...

2023-05-10 13:22:01 ET Summary Evonik is a relatively new position I've been establishing over the past few months, as the company has been troughing between €17-19/share for the native. The company reported 1Q23 results as I am writing this article - and there are things t...

Terra Quantum and Evonik investigated the potential use of hybrid quantum computing for improving the design of a specific class of unit operations in chemicals production Terra Quantum’s hybrid quantum technology was applied to improve fluid mixing simulations and shape optimization f...

Summary Lower financial obligations thanks to the favorable pension discount rate. Performance Materials exit is sensible to Evonik's sum-of-the-part valuation. The dividend was confirmed, and so was our valuation. After having commented on BASF's FY results , today th...

The following slide deck was published by Evonik Industries AG in conjunction with their 2022 Q3 earnings call. For further details see: Evonik Industries AG 2022 Q3 - Results - Earnings Call Presentation

Evonik Industries press release ( OTCPK:EVKIF ): Q3 Non-GAAP EPS of €0.54. Revenue of €4.88B (+26.1% Y/Y). Outlook for adjusted EBITDA 2022 confirmed: still expected to be between €2.5 billion and €2.6 billion For further details see: ...

Summary Despite the ongoing energy price, the company left its 2022 outlook unchanged. Mare Evidence Lab's view versus Wall Street's main challenges. One of the company's drags was the pension deficit, which now is a plus in the SOTP valuation. Evonik is trading at a depressed...

Evonik Industries AG (EVKIF) Q2 2022 Earnings Conference Call August 10, 2022 5:00 AM ET Company Participants Tim Lange - Head of Investor Relations Christian Kullmann - Chief Executive Officer Ute Wolf - Chief Financial Officer Conference Call Participants...

The following slide deck was published by Evonik Industries AG in conjunction with their 2022 Q2 earnings call. For further details see: Evonik Industries AG 2022 Q2 - Results - Earnings Call Presentation