Evonik releases first quarter 2023 financial report: economic weakness poses many challenges

● Adjusted EBITDA fell by 44% to EUR 409 million in the first quarter ● It is estimated that the annual profit will be at the lower limit of the expected target ● Successfully sold the production base in Ruhrstorf, Germany Despite the difficult first quarter, Evonik confirmed its expected profitability target for 2023. Evonik…