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Evonik Industries AG (EVKn.DE)

EVKn.DE on Xetra

24.00EUR
7 Aug 2020
Change (% chg)

€-0.16 (-0.66%)
Prev Close
€24.16
Open
€24.18
Day's High
€24.19
Day's Low
€23.90
Volume
377,170
Avg. Vol
1,086,107
52-wk High
€27.59
52-wk Low
€15.13

Latest Key Developments (Source: Significant Developments)

Evonik Q2 Adj. EBITDA Down 19% YoY At EUR 456 Mln
Tuesday, 4 Aug 2020 

Aug 4 (Reuters) - EVONIK ::Q2 SALES DOWN 14% YOY AT EUR 2.83 BILLION.Q2 ADJUSTED NET INCOME DOWN 30% YOY AT EUR 160 MILLION.Q2 FREE CASH FLOW AT EUR 96 MILLION.Q2 ADJUSTED EBITDA DOWN 19% YOY AT EUR 456 MILLION.SEGMENTS RESOURCE EFFICIENCY AND NUTRITION AND CARE SHOWED ROBUST PERFORMANCE IN Q2, ACHIEVED EBITDA MARGINS OF 20% EACH.CONFIRMS 2020 OUTLOOK FOR SALES AND ADJUSTED EBITDA.  Full Article

Canada Competition Bureau Reaches Agreement With Evonik Industries
Tuesday, 28 Jan 2020 

Jan 28 (Reuters) - Canada Competition Bureau::CANADA COMPETITION BUREAU REACHED AN AGREEMENT WITH EVONIK INDUSTRIES AG tO ADDRESS COMPETITION CONCERNS RELATED TO ITS PROPOSED ACQUISITION OF PEROXYCHEM HOLDING COMPANY LLC.EVONIK'S ACQUISITION OF PEROXYCHEM WAS LIKELY TO RESULT IN A SUBSTANTIAL LESSENING OF COMPETITION IN THE SUPPLY OF HYDROGEN PEROXIDE IN WESTERN CANADA..EVONIK HAS AGREED TO SELL PEROXYCHEM'S HYDROGEN PEROXIDE MANUFACTURING FACILITY LOCATED IN PRINCE GEORGE, BRITISH COLUMBIA AND RELATED ASSETS TO A BUYER ACCEPTABLE TO THE COMMISSIONER OF COMPETITION..EVONIK HAS PROPOSED UNITED INITIATORS (UI) AS THE BUYER OF THIS FACILITY. THE COMMISSIONER REVIEWED UI'S SUITABILITY AND CONCLUDED THAT THEY ARE AN ACCEPTABLE BUYER..  Full Article

RAG-Stiftung Says Successful Placement Of 632.5 Mln Euros In Shares Of Evonik Industries
Tuesday, 14 Jan 2020 

Jan 13 (Reuters) - :DGAP-ADHOC: RAG-STIFTUNG: SUCCESSFUL PLACEMENT OF EUR632.5M IN SHARES OF EVONIK INDUSTRIES AG.STIFTUNG SAYS PLACEMENT OF SHARES IN EVONIK INDUSTRIES FOR PRICE OF EUR 25.30 PER EACH EVONIK-SHARE.STIFTUNG - AFTER EXECUTION OF PLACEMENT RAG-STIFTUNG STILL HOLDS APPROXIMATELY 58.9% IN EVONIK.  Full Article

RAG-Stiftung: Proposed Sale Of Around 24 Mln Evonik Shares
Monday, 13 Jan 2020 

Jan 13 (Reuters) - RAG-STIFTUNG::PROPOSED SALE OF APPROX. 24 MILLION EVONIK SHARES REPRESENTING C.5.2% OF EVONIK INDUSTRIES AG'S SHARE CAPITAL.FOLLOWING THIS TRANSACTION, IT IS EXPECTED THAT RAG-STIFTUNG WILL RETAIN A STAKE OF APPROX. 59.1 % IN EVONIK'S SHARE CAPITAL.DEFINITIVE TERMS OF SALE WILL BE DETERMINED FOLLOWING COMPLETION OF BOOKBUILDING PROCESS.SETTLEMENT AND DELIVERY OF SHARES IS EXPECTED TO TAKE PLACE ON 16 JANUARY 2020.  Full Article

Evonik And Thyssenkrupp's Unit Grant License For HPPO Technology To China
Friday, 26 Jul 2019 

July 26 (Reuters) - EVONIK INDUSTRIES AG ::EVONIK AND THYSSENKRUPP INDUSTRIAL SOLUTIONS ARE LICENSING HPPO TECHNOLOGY TO CHINA.QIXIANG TENGDA CHEMICAL WILL CONSTRUCT A WORLD-SCALE PLANT IN CHINA FOR SUSTAINABLE PRODUCTION OF PROPYLENE OXIDE.EVONIK CLOSES ADDITIONAL SUPPLY CONTRACT FOR CUSTOM MADE CATALYST.INITIAL PLANNING PHASE WILL START BY MIDDLE OF AUG 2019., PLANT IS EXPECTED TO COME ON STREAM IN FIRST HALF OF 2022.  Full Article

Evonik Industries Resolves Share Buyback
Tuesday, 5 Mar 2019 

March 5 (Reuters) - EVONIK INDUSTRIES AG ::PURCHASE OF OWN SHARES TO BE OFFERED IN THE COURSE OF AN EMPLOYEE SHARE PURCHASE PROGRAM.HAS RESOLVED TO BUY BACK OWN SHARES OF COMPANY.OWN SHARES OF COMPANY WORTH UP TO A MAXIMUM OF EUR 143.88 MILLION (PLUS TRANSACTION COSTS) MAY BE REPURCHASED.VOLUME OF UP TO APPROX. 5,771,000 SHARES.  Full Article

Evonik Sees Solid Q1
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Evonik Industries AG ::CEO SAYS STILL AT STARTING POINT OF OUR PORTFOLIO TRANSFORMATION - ANALYST CALL.CFO SAYS EXPECT SOLID Q1.  Full Article

Evonik CEO Says We Will Continue To Focus On Further Targeted Acquisitions
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Evonik Industries AG ::EXECUTIVE (NOT CEO) SAYS NO DEAL BREXIT WOULD BE REALLY BIG PROBLEM FOR WHOLE SECTOR.EXECUTIVE (NOT CEO) SAYS EVONIK HAS LITTLE BUSINESS WITH BRITAIN.CEO SAYS WE WILL CONTINUE TO FOCUS ON FURTHER TARGETED ACQUISITIONS.CFO SAYS IN OUR FOUR CORE BUSINESSES GROWTH TRENDS ARE INTACT, WE WILL GROW THERE IN 2019.CEO (NOT CFO) SAYS HAD GOOD START IN Q1, WE COULD GET VERY CLOSE TO OUR PREVIOUS YEAR'S RESULT.CEO SAYS OUR CLEAR AIM IS TO HAVE STABLE DIVIDENDS AND TO MAKE OUR SHAREHOLDERS HAPPIER THAN THEY ARE ALREADY.  Full Article

Evonik Industries Says It Agrees To Sell Its Methacrylates Business To Advent International For 3 Bln Euros
Tuesday, 5 Mar 2019 

March 4 (Reuters) - Evonik Industries AG ::DGAP-ADHOC: EVONIK INDUSTRIES AG: EVONIK AGREES TO SELL ITS METHACRYLATES BUSINESS TO ADVENT INTERNATIONAL FOR EUR3 BILLION.FOR 2019 EVONIK EXPECTS SALES AND EBITDA AT A SIMILAR LEVEL.  Full Article

Advent Closes In On Deal For Evonik Unit- FT
Monday, 4 Mar 2019 

March 4 (Reuters) - :ADVENT CLOSES IN ON DEAL FOR EVONIK UNIT- FT.  Full Article

UPDATE 1-Evonik beats quarterly profit forecast citing cost cuts

Aug 4 German chemicals group Evonik Industries reported on Tuesday higher-than-expected quarterly adjusted core profit, saying portfolio changes and its efficiency programs partially offset the effects of the coronavirus pandemic.