Evonik Reports In-Line 1Q; Shares Fairly Valued
No-moat Evonik Industries reported first-quarter results that were in line with consensus. EBITDA of EUR 539 million was down 3% over 2018 due primarily to weaker results in nutrition and care. The more industrial-focused resource efficiency segment reported modest growth in EBITDA despite the challenging macro environment. Evonik upgraded its 2019 guidance, but this mainly reflects adjustments after the sale of the methacrylates business, which is now excluded from continuing operations. Evonik...Steag, through its subsidiaries, is engaged mainly in power generation and related industries. Co.'s business is divided into five units: Power generation, Decentralized Energy Supply, Foreign Power Plants, Gas Distribution, and Coal Trading.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.