Evonik Industries Second Quarter 2024 Earnings: €0.01 loss per share (vs €0.58 loss in 2Q 2023)

Evonik Industries (ETR:EVK) Second Quarter 2024 Results

Key Financial Results

• Revenue: €3.93b (up 1.1% from 2Q 2023).
• Net loss: €5.00m (loss narrowed by 98% from 2Q 2023).
• €0.01 loss per share (improved from €0.58 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Evonik Industries Earnings Insights

Looking ahead, revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in Germany.

Performance of the German Chemicals industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Evonik Industries that we have uncovered.

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