Evonik cuts 2025 core profit guidance on weak demand
Sept 25 (Reuters) - German chemicals group Evonik Industries EVKn.DE on Thursday cut its 2025 core profit guidance, saying it expected persistently weak demand until the end of the year.
The company now sees an adjusted EBITDA of about 1.9 billion euros ($2.23 billion) for 2025, compared to the 2-2.3 billion euro range it gave previously.
($1 = 0.8511 euros)
(Reporting by Anastasiia Kozlova in Gdansk, Editing by Friederike Heine)
((Anastasiia.Kozlova@thomsonreuters.com))
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