Aug 1 (Reuters) - EVONIK INDUSTRIES AG EVKn.DE:
FY ADJUSTED EBITDA EUR 2,000-2,300 MILLION
ADJUSTED EBITDA DECLINES BY 12 PERCENT IN Q2
Q2 NET INCOME AMOUNTED TO EUR 120 MILLION, COMPARED WITH EUR -5 MILLION IN PRIOR-YEAR QUARTER
Q2 ADJUSTED EBITDA MARGIN AT 14.5 PERCENT REMAINED AT ABOUT LEVEL OF LAST YEAR (Q2 2024: 14.7 PERCENT)
QUARTERLY REVENUE WAS EUR 3.50 BILLION, 11 PERCENT LOWER YEAR-OVER-YEAR (Q2 2024: EUR 3.93 BILLION)
OUTLOOK FOR 2025: ADJUSTED EBITDA TO REACH LOWER END OF PROJECTED RANGE
STILL EXPECTS CASH CONVERSION RATE TO BE AROUND 40 PERCENT IN 2025
OUTLOOK 2025: RETURN ON CAPITAL EMPLOYED IS NOW EXPECTED TO BE IN LINE WITH PREVIOUS YEAR'S LEVEL (2024: 7.1 PERCENT)
CAPITAL EXPENDITURES WILL BE REDUCED BY EUR 100 MILLION TO ABOUT EUR 750 MILLION IN 2025
Source text: ID:nPLXB70876
Further company coverage: [EVKn.DE]
(Gdansk Newsroom)
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