Evonik Industries reported 2025 results in line with its guidance and confirmed its earnings outlook for 2026.

The company achieved adjusted EBITDA of €1.87 billion for 2025, consistent with its forecast of around €1.9 billion. For 2026, Evonik expects adjusted EBITDA in the range of €1.7 billion to €2.0 billion.

Sales declined 7% year over year to €14.1 billion, while net income increased to €265 million. The company reported a cash conversion rate of 37% and free cash flow of €695 million.

Within its Custom Solutions segment, which includes additives for paint and coatings, revenue declined due to lower volumes and currency effects. Demand for additives used in polyurethane foams, consumer durables and paint and coatings applications decreased, while selling prices remained relatively stable.

Evonik said it will link future dividends to adjusted net income beginning in 2026, with a proposed payout of €1.00 per share for 2025.

The company also continues to target a return on capital employed of 11% over the medium term.

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