Report
Michael B. Schäfer

Evonik Industries AG : CFO roadshow feedback: not getting worse, striving for 40% FCF/EBITDA also in 2024, superabsorbents disposal sooner rather than later

>Not getting worse, depressed levels last - We hosted a roadshow with Evonik's CFO, confirming that the market environment is 'at least not getting worse'. However, depressed levels persist with seasonality coming on top at Specialty Additives and Performance Materials, in line with previous communication.Latest proposal on industrial power price - largely no change for Evonik - The recent press release from the ministry of economics, discussing a red...
Underlying
Evonik Industries AG

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.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Michael B. Schäfer

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