Evonik (EVK.DE) posted a third quarter net loss of 106 million euros compared to net income of 223 million euros, last year. Adjusted net income declined to 128 million euros from 271 million euros. Adjusted EBITDA was 448 million euros, 22 percent below prior year. Revenue decreased by 12 percent to 3.39 billion euros.
Evonik said it expects demand to remain weak through the end of the year, which should bring adjusted EBITDA to around 1.9 billion euros for the full year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.