Evonik Industries AG : Q3 EBITDA in line, strong OpFCF - EBITDA outlook moved to upper end, as expected
>Q3 EBITDA of € 645m in line, lag on sticking price initiatives temporarily weighed on margins in Q3 - Group sales gained 33% y-o-y to € 3,871m in Q3 21 (ODDO/cons € 3,502 m/€ 3,556m) with group volumes +18% y-o-y and price +16%. Pricing accelerated q-o-q vs 10% in Q2 across all segments. Group EBITDA of € 645m was in line with ODDO/cons (€ 643m/€ 641m), up 24% y-o-y and on a par with the Q2 2021 level of € 649m. Implied margin contracted y-o-y to 16.7% (ODDO/con...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.
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.
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.