Evonik Industries (ETR:EVK) Full Year 2023 Results

Key Financial Results

• Revenue: €15.3b (down 17% from FY 2022).

• Net loss: €465.0m (down by 186% from €539.0m profit in FY 2022).

• €1.00 loss per share (down from €1.16 profit in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Evonik Industries Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 42%.

Looking ahead, revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Chemicals industry in Germany.

Performance of the German Chemicals industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Evonik Industries you should know about.

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