Evonik adopts a cautious strategy for the year 2025 - Evonik is growing more cautious in its preparations towards the year 2025.
In the heart of Essen, Germany, chemical company Evonik, under the leadership of CEO Christian Kullmann, is navigating turbulent waters. The company has expressed caution towards the year 2025 due to the impact of US trade policies and economic issues in China.
The second quarter of 2025 saw weak demand and high levels of uncertainty, according to Evonik. This has led to a downward revision of the company's adjusted EBITDA outlook for 2025. Originally forecasted to be between €2.0 billion and €2.3 billion, the new projection now sits at the lower end of this range.
This revision is a response to the weaker global economic conditions that have affected Evonik's performance. In the second quarter of 2025, the company reported a 12% decrease in adjusted EBITDA compared to the previous year, largely due to lower sales volumes and a slight erosion of selling prices.
Despite these challenges, Evonik has not abandoned its 2025 outlook entirely. Instead, the company has adjusted it to reflect the ongoing economic uncertainty. Analysts' median forecasts align with this revised figure, hovering around €2.02 billion for the year.
CEO Kullmann, in presenting the second-quarter figures, acknowledged the global economy's uncertain state. The company's revised outlook for 2025 reflects this uncertainty, with the adjusted EBITDA now expected to be at the lower end of the forecast range of 2.0 to 2.3 billion euros.
In summary, Evonik's adjusted EBITDA outlook for 2025 remains positive compared to 2024, but with a more cautious approach due to ongoing trade restrictions in the US and economic issues in China. This revised outlook is a testament to Evonik's resilience in the face of global economic challenges, as it continues to strive for success in the ever-evolving market landscape.
[1] Evonik, Press Release, "Evonik adjusts 2025 outlook", [URL] [2] Reuters, "Evonik lowers 2025 outlook due to weaker global economy", [URL] [3] Financial Times, "Evonik's 2025 outlook: A cautious approach", [URL] [4] Bloomberg, "Evonik's CEO on the company's 2025 outlook", [URL] [5] CNBC, "Evonik's 2025 outlook: A closer look", [URL]
- In response to the weaker global economy, Evonik, a chemical company based in EC countries, has adjusted its 2025 outlook for vocational training and finance, aiming to equip its workforce with the necessary skills to navigate the challenging industry landscape.
- With the revised 2025 outlook, Evonik expects to allocate more resources towards vocational training programs, bracing itself for potential further economic uncertainties and industry disruptions amidst the ongoing US trade restrictions and Chinese economic issues.
