Published by Global Banking & Finance Review®
Posted on September 25, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleEvonik Industries lowers its 2025 profit forecast to 1.9 billion euros due to ongoing weak demand, following the sudden departure of its finance chief.
(Reuters) -German chemicals group Evonik Industries on Thursday cut its 2025 core profit guidance, saying it expected persistently weak demand until the end of the year.
The company now sees adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of about 1.9 billion euros ($2.23 billion) for 2025, compared to the 2-2.3 billion euro range it gave previously.
Analysts' median forecast for 2025 core profit stands for 1.96 billion euros a poll compiled by Vara Research showed.
In August, the Essen-based company had already revised its 2025 adjusted EBITDA guidance to the lower end of the previously announced range.
Last week, the company also announced the sudden departure of its finance chief Maike Schuh, with no successor named.
($1 = 0.8511 euros)
(Reporting by Anastasiia Kozlova in Gdansk, Editing by Kirsti Knolle)
Evonik now expects adjusted EBITDA of about 1.9 billion euros for 2025, down from the previous range of 2-2.3 billion euros.
The company cited persistently weak demand as the reason for lowering its profit guidance until the end of the year.
Evonik announced the sudden departure of its finance chief Maike Schuh, but no successor has been named yet.
Analysts' median forecast for Evonik's 2025 core profit stands at 1.96 billion euros, according to a poll by Vara Research.
In August, Evonik had already revised its 2025 adjusted EBITDA guidance to the lower end of the previously announced range.
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