Evonik Industries AG
ISIN: DE000EVNK013
WKN: EVNK01
16 April 2024 10:30AM

EQS-Adhoc: Evonik Industries AG: Evonik publishes preliminary figures for the first quarter of 2024

Evonik Industries AG · ISIN: DE000EVNK013 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 1881517

EQS-Ad-hoc: Evonik Industries AG / Key word(s): Preliminary Results/Quarter Results
Evonik Industries AG: Evonik publishes preliminary figures for the first quarter of 2024

16-Apr-2024 / 10:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Evonik publishes preliminary figures for the first quarter of 2024

Essen, April 16, 2024. Evonik Industries AG publishes the following preliminary key financial figures for the first quarter of 2024 already today.

Based on preliminary figures, Evonik achieved an adjusted EBITDA* of just under €522 million in the first quarter of 2024 (Q1 2023: €409 million), thus well above market expectations (analyst consensus disclosed by Vara Research on March 26, 2024: around €450 million).  The Specialty Additives and Nutrition & Care divisions recorded the strongest growth. The upturn was driven by higher sales volumes: Following seven quarters of declines, volumes were above the previous year's level. In addition to a slight upturn in end customer demand, restocking in light of low inventory levels at customers also contributed to the higher volumes.

According to preliminary figures, Evonik’s sales amounted to €3.796 billion in the first quarter of 2024, compared with €4.0 billion in the prior-year quarter. This was mainly due to declining sales prices as a result of lower raw material costs. Consensus expected this number to be approximately €3.883 billion.

Evonik continues to expect adjusted EBITDA* of between €1.7 billion and €2.0 billion and sales of between €15 billion and €17 billion.

Evonik Industries AG will publish final figures and the quarterly report for the first quarter 2024 as planned on May 8, 2024.

*Notes on key performance indicators (KPIs) can be found in the Financial Report 2023 of Evonik Industries AG starting on page 240.

The Financial Report 2023 is available at:
https://files.evonik.com/shared-files/evonik-financial-report-2023-9492.pdf             

Contact/person making the notification:
Tim Lange
Head of Investor Relations
+49 201 177-3150
tim.lange@evonik.com



End of Inside Information

16-Apr-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Evonik Industries AG
Rellinghauser Straße 1-11
45128 Essen
Germany
Phone: +49 (0) 201 177-01
Fax: +49 (0) 201 177-3475
E-mail: investor-relations@evonik.com
Internet: www.evonik.com
ISIN: DE000EVNK013
WKN: EVNK01
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID: 1881517

 
End of Announcement EQS News Service

1881517  16-Apr-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1881517&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2019 2020 2021 2022 2023 2024 2025e
Sales1 13.108,00 12.199,00 14.955,00 18.488,00 15.267,00 15.157,00 15.500,00
EBITDA1,2 2.153,00 1.837,00 2.246,00 2.510,00 1.598,00 1.694,00 1.800,00
EBITDA-Margin3 16,43 15,06 15,02 13,58 10,47 11,18 11,61
EBIT1,4 1.080,00 819,00 1.173,00 942,00 -243,00 577,00 680,00
EBIT-Margin5 8,24 6,71 7,84 5,10 -1,59 3,81 4,39
Net Profit (Loss)1 2.127,00 479,00 767,00 555,00 -452,00 240,00 285,00
Net-Margin6 16,23 3,93 5,13 3,00 -2,96 1,58 1,84
Cashflow1,7 1.321,00 1.727,00 1.815,00 1.650,00 1.594,00 1.713,00 0,00
Earnings per share8 4,52 1,00 1,60 1,16 -1,00 0,48 0,64
Dividend per share8 1,15 1,15 1,17 1,17 1,17 1,17 1,17
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: KPMG

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
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Evonik Industries
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
EVNK01 DE000EVNK013 AG 8.919,24 Mio € 25.04.2013 Halten 9F39C2X7+QJ
* * *
PE 2026e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
16,22 19,74 0,82 13,92 1,05 5,21 0,59
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
1,17 1,17 1,17 6,11%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
28.05.2025 12.05.2025 01.08.2025 04.11.2025 05.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-1,09%
19,14 €
ATH 37,43 €
-2,32% +0,25% +14,41% +0,21% -40,56%

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