Finance
Germany's Evonik amends dividend policy as 2025 profit meets forecast
Published by Global Banking & Finance Review®
Posted on February 5, 2026
2 min readLast updated: February 5, 2026
Quick Summary
Evonik revises its dividend policy after 2025 earnings align with forecasts. Future dividends will be 40%-60% of adjusted net income, effective from 2026.
Evonik Revises Dividend Strategy Following 2025 Profit Forecast
Evonik's Dividend Policy Changes
By Tristan Veyet and Antonis Pothitos
2025 Earnings Overview
Feb 5 (Reuters) - German chemicals group Evonik said on Thursday it would amend its dividend policy from next year, after it reported preliminary 2025 core earnings broadly in line with market expectations.
Future Profit Forecast
The company said it booked an adjusted core profit of 1.87 billion euros ($2.20 billion) last year, just below analysts' forecast of 1.88 billion euros in a poll by Vara Research.
Challenges in the Chemical Sector
It also forecast an adjusted core profit of 1.7 billion to 2.0 billion euros for 2026 and said the economic environment would remain challenging.
The German chemical sector, the country's third largest industry, has been struggling for years with subdued demand coupled with high energy costs, supply chain issues and a sluggish economy.
"We need a good balance between appropriate shareholder profit sharing and the ability to invest in the best future projects at the proper time and decrease leverage further," CEO Christian Kullmann said in the statement.
Future dividends will range between 40% and 60% of the group's adjusted net income, Evonik said, adding the policy would become effective from the payout made for 2026 results.
It will propose a dividend of 1 euro per share to be paid from its 2025 earnings, its lowest since 2014.
($1 = 0.8484 euros)
(Reporting by Tristan Veyet, Antonis Pothitos in Gdansk, Matthias Inverardi in Duesseldorf, editing by Milla Nissi-Prussak)
Key Takeaways
- •Evonik will amend its dividend policy starting next year.
- •2025 core earnings met market expectations at 1.87 billion euros.
- •Future dividends will range between 40% and 60% of adjusted net income.
- •The German chemical sector faces challenges like high energy costs.
- •A dividend of 1 euro per share is proposed from 2025 earnings.
Frequently Asked Questions about Germany's Evonik amends dividend policy as 2025 profit meets forecast
1What is a dividend?
A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits. Dividends can be issued in cash or additional shares.
2What is core profit?
Core profit refers to a company's earnings derived from its primary business operations, excluding any income from non-operational activities such as investments or sales of assets.
3What are economic conditions?
Economic conditions refer to the overall state of the economy at a given time, including factors like inflation, unemployment rates, and economic growth.
