Evonik Industries reported adjusted EBITDA of €475 million in the first quarter of 2026, slightly ahead of the company’s expectations despite ongoing economic uncertainty and disruption tied to the war in the Middle East. Sales totaled €3.43 billion, down 9% from the prior year, driven largely by unfavorable exchange rates, lower volumes and modest price declines. 

The company said geopolitical instability and trade route disruptions have increased pressure on supply chains and raw material costs, while some customers have increased purchasing activity in response. Evonik expects those conditions to support second-quarter results, forecasting adjusted EBITDA of at least €550 million. 

Evonik also confirmed Michael Rauch as chief financial officer effective May 1. The company maintained its full-year adjusted EBITDA outlook of €1.7 billion to €2.0 billion.