Added to YB: 2026-09-23
Pitch date: 2026-09-17
EVK.DE [neutral]
Evonik Industries AG
+3.66%
current return
Author Info
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Company Info
Evonik Industries AG operates as a chemicals company in the Asia-Pacific, Europe, the Middle East, Africa, and the Americas.
Market Cap
EUR 8.1B
Pitch Price
EUR 17.49
Price Target
N/A
Dividend
5.78%
EV/EBITDA
6.21
P/E
66.66
EV/Sales
0.84
Sector
Chemicals
Category
turnaround
Evonik Industries (EVK Germany): Cost reductions become central to closing the returns gap
EVK.DE (update): Evonik’s route from barely 6% ROCE in 2025 to its 11% medium-term target increasingly depends on permanent cost reductions, higher-return specialty growth and portfolio actions rather than cyclical methionine pricing. Q3 could be 2026’s strongest methionine quarter, while full-year adjusted EBITDA guidance remains €2.0-2.2bn; expected Q4 destocking and potentially elevated European gas costs in 2027 will test structural progress.
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