Evonik Reports Weaker Q2 on Soft Demand
Evonik reported second quarter 2025 revenue of €3.5 billion, down 11% from the prior year, driven by lower sales volumes, unfavorable currency effects and the divestment of its superabsorbents business. Adjusted EBITDA declined 12% to €509 million, while the adjusted EBITDA margin held steady at 14.5%. Net income was €120 million, compared with a loss in the prior-year quarter.
The company noted reduced demand across its portfolio and longer-than-planned maintenance shutdowns. Free cash flow was negative €211 million due to higher net working capital and variable compensation payouts. The Custom Solutions segment posted a 7% revenue decline and a 10% drop in adjusted EBITDA. Advanced Technologies saw a 1% dip in sales, but flat earnings due to one-time income.
Evonik now expects full-year adjusted EBITDA to reach the lower end of its projected €2.0–€2.3 billion range.
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