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Evonik Industries AG (EVKIY) Q4 2025 Earnings Call Transcript
Evonik Industries AG (EVKIY) Q4 2025 Earnings Call Transcript
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Evonik Industries AG (EVKIY) Q3 2025 Earnings Call Transcript
Evonik Industries AG (OTCPK:EVKIY) Q3 2025 Earnings Call November 4, 2025 5:00 AM EST Company Participants Christian Kullmann - CEO & Chairman of the Executive Board Claus Rettig Christoph Finke Conference Call Participants David Symonds - BNP Paribas, Research Division Martin Roediger - Kepler Cheuvreux, Research Division Chetan Udeshi - JPMorgan Chase & Co, Research Division Geoffery Haire - UBS Investment Bank, Research Division Anil Shenoy - Barclays Bank PLC, Research Division Thomas Wrigglesworth - Morgan Stanley, Research Division Presentation Operator Ladies and gentlemen, welcome to the Evonik Industries AG Q3 2025 Earnings Conference Call. I'm Mattilde, the Chorus Call operator.
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Evonik: Revised Outlook Necessitates A Q3 2025 Update
Evonik Industries remains a fundamentally strong specialty chemicals company, now trading at attractive valuations despite recent earnings downgrades and market underperformance. EVKIY faces near-term headwinds, including weaker EBITDA guidance, persistent demand softness, and potential dividend risk, but maintains a BBB+ rating and manageable leverage. At current prices below €15/share, the risk/reward profile is compelling, with a conservative price target cut to €20/share and an ADR target of $11.50/share.
seekingalpha.com
Look Beyond The Volatility In Evonik Industries
Evonik remains a 'Buy' for me, offering a solid 7%+ yield and BBB+ rating despite recent underperformance and macro headwinds. Short-term volatility and earnings declines are expected, but I see these as transitory, with long-term fundamentals and EU reshoring trends supporting recovery. Valuation is compelling: at current levels, EVKIY offers potential 15%+ annualized upside, with a fair value target of €22/share and significant peer appeal.
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Evonik Industries AG (EVKIF) Q2 2025 Earnings Call Transcript
Evonik Industries AG (OTCPK:EVKIF) Q2 2025 Earnings Conference Call August 1, 2025 5:00 AM ET Executives Christian Kullmann – CEO & Chairman of the Executive Board Maike Schuh – CFO & Member of Executive Board Tim Lange – Head of Investor Relations Analysts Anil Shenoy - Barclays Bank PLC, Research Division Chetan Udeshi - JPMorgan Chase & Co, Research Division David Symonds - BNP Paribas Exane, Research Division Georgina Fraser - Goldman Sachs Group, Inc., Research Division Martin Roediger - Kepler Cheuvreux, Research Division Matthew John Peter Yates - BofA Securities, Research Division Thomas P. Wrigglesworth - Morgan Stanley, Research Division Operator Ladies and gentlemen, welcome to the Evonik Industries AG Q2 2025 Earnings Conference Call.
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Evonik Industries AG (EVKIF) Q1 2025 Earnings Call Transcript
Evonik Industries AG (OTCPK:EVKIF) Q1 2025 Results Conference Call May 12, 2025 5:00 AM ET Company Participants Christian Kullmann - Chairman of the Executive Board & CEO Maike Schuh - Chief Financial Officer Tim Lange - Head of Investor Relations Conference Call Participants Martin Roediger - Kepler Cheuvreux Chetan Udeshi - JPMorgan Tom Wrigglesworth - Morgan Stanley Anil Shenoy - Barclays Christian Kullmann Thanks a lot, and welcome to our Q1 earnings call today. This is the first time within 10 days that we're going to meet today, virtually for our Q1 earnings and next week, Thursday for a more strategic view ahead at our Capital Markets Day.
seekingalpha.com
Evonik: Decent Rate Of Return, Upside Confirmed
Evonik Industries has shown significant growth, with a 25% EBITDA increase and a 42% FCF rise, making it a strong investment. The company's reorganization and focus on renewables position it well for future growth, despite current macroeconomic volatility. My price target for Evonik is €24.5/share, with a "Buy" rating due to its undervaluation and potential for long-term gains.
seekingalpha.com
Evonik Industries AG (EVKIF) Q4 2024 Earnings Call Transcript
Evonik Industries AG (OTCPK:EVKIF) Q4 2024 Earnings Conference Call March 5, 2025 8:00 AM ET Company Participants Christian Kullmann - Chairman of the Executive Board Maike Schuh - Chief Financial Officer Conference Call Participants Andreas Heine - Stifel Chetan Udeshi - JPMorgan Sebastian Bray - Berenberg Martin Roediger - Kepler Cheuvreux Georgina Iwamoto - Goldman Sachs Christian Kullmann Thanks a lot, and welcome, ladies and gentlemen, to our full-year earnings call. We have four key messages that we want to bring across today.
seekingalpha.com
Evonik: A Good Company, Upside Less Clear Than Before
Evonik's restructuring into growth and efficiency segments, with a focus on premiumization and defensive markets, has shown mixed results amid challenging industrial macro conditions. Despite a stable 3Q24 with improved EBITDA and cost savings, the company's forecasted growth has not fully materialized, leading to a conservative "Buy" rating. The company's high dividend yield, conservative credit rating, and potential for earnings reversal present an attractive investment opportunity, despite current volatility and ownership pressure.
seekingalpha.com
Evonik Industries AG (EVKIF) Q3 2024 Earnings Call Transcript
Evonik Industries AG (OTCPK:EVKIF) Q3 2024 Earnings Conference Call November 6, 2024 5:00 AM ET Company Participants Christian Kullmann - Chief Executive Officer Maike Schuh - Chief Financial Officer Tim Lange - Head, Investor Relations Conference Call Participants Thomas Wrigglesworth - Morgan Stanley Chetan Udeshi - JPMorgan Andreas Heine - Stifel Sebastian Bray - Berenberg Martin Roediger - Kepler Cheuvreux Jaideep Pandya - On Field Research Operator Ladies and gentlemen, welcome to the Evonik Industries Q3 2024 Earnings Conference Call. I'm Vicky, the chorus call operator.
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AI-Driven Market Transformation, Emission Control Catalysts Market to Grow by USD 4.01 Billion (2024-2028) Boosted by Global Automotive Sector - Technavio Report
NEW YORK, Sept. 17, 2024 /PRNewswire/ -- Report with the AI impact on market trends- The global emission control catalysts market size is estimated to grow by USD 4.01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 5.68% during the forecast period. Growth in global automotive sector is driving market growth, with a trend towards emerging markets to provide significant prospects for ECCs. However, growing popularity of evs poses a challenge. Key market players include AeriNOx Inc., Ashland Inc., BASF SE, Catalytic Combustion Corp., CDTi Advanced Materials Inc., Clariant International Ltd., CORMETECH Inc., Cummins Inc., DCL International Inc., DieselNet, Evonik Industries AG, Honeywell International Inc., Ibiden Co. Ltd., Johnson Matthey Plc, S and P Global Inc., Solvay SA, Tenneco Inc., Topsoes AS, Toyota Motor Corp., and Umicore SA. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report Market Driver The Emission Control Catalysts (ECCs) market is anticipated to experience significant growth, particularly in developing countries. APAC is the largest market for light- and medium-weight vehicles, accounting for over 50% of the global automotive market. China, as a leading country in APAC, is a key consumer and sourcing hub for raw materials. Japan, a mature automotive market and leading producer, also contributes to the market. India, now a top-five automotive market, and Thailand are other significant players. Rapidly increasing automotive production in APAC, driven by rising disposable income and low labor costs in countries like Vietnam and Indonesia, will likely boost ECC demand, benefiting manufacturers during the forecast period. The Emission Control Catalysts (ECC) market is experiencing significant growth due to increasing emission standards for both mobile and stationary sources. Automobile manufacturers and the mining industry are major consumers of ECCs, particularly catalytic converters for automobiles and SCR systems for power generation plants. The automotive sector, including lighter vehicles and hybrid vehicles, is driving demand for gasoline auto catalysts and diesel engines catalysts. Harmful chemicals like nitrogen oxides, hydrocarbons, and carbon monoxide are being effectively controlled through the use of PGMs in ECCs. The industrial sector, including the mining industry, is also addressing industrial emissions and environmental issues by implementing ECCs. Financial incentives such as stimulus packages, purchase bonuses, and tax savings are encouraging the adoption of ECCs. Rapid industrialization and rising oil prices are further boosting the ECC market. The market for ECCs is expected to continue growing as stricter emission standards are implemented and the need to reduce environmental pollution becomes increasingly important. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This emission control catalysts market report extensively covers market segmentation by 1.1 Mobile emission- The Emission Control Catalysts (ECCs) market is experiencing significant growth due to increasing regulations aimed at reducing automobile emissions. Nearly all new vehicles sold globally are now equipped with these catalysts, with platinum-based autocatalysts particularly popular in diesel-powered vehicles. Environmental conservation efforts and stricter regulations are driving market growth. The automotive industry's focus on advanced emission control catalysts and technologies is also contributing to market expansion. However, the decline in diesel vehicle sales and the rising popularity of electric vehicles (EVs) may hinder market growth. Despite this, increasing EV demand, charging infrastructure development, government subsidies, and declining EV prices are expected to drive the global demand for EVs, which could create new opportunities for ECCs in this segment. Stringent regulations and consumer awareness regarding sustainability continue to increase the adoption of ECCs in automobiles, making the automotive industry the key contributor to the market's considerable growth during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The Emission Control Catalysts (ECC) market refers to the production and sale of catalysts used to reduce harmful emissions from mobile sources, such as automobiles, and stationary sources, including power generation plants and industrial processes. Emission standards continue to evolve, driving demand for advanced catalytic converters that neutralize harmful hydrocarbons, nitrogen oxides, and CO2 emissions. Mobile sources, particularly automobiles, are significant contributors to urban air pollution, making emission control a critical issue in metropolises with high vehicular populations. Catalytic converters, often made of metals like Platinum, Rhodium, and other metals, play a crucial role in automotive emission control. In the industrial sector, Lean NOx Traps and other technologies are used to minimize stationary emission. Battery electric vehicles and internal combustion engines both face unique emission control challenges. Harmful chemicals, such as sulfur dioxide and particulate matter, also require specific catalytic solutions. The market for ECC is expected to grow significantly due to increasing urbanization, stringent emission norms, and the ongoing shift towards cleaner energy sources. Market Research Overview The Emission Control Catalysts (ECC) market encompasses the production and application of catalytic converters and related technologies used to reduce harmful emissions from mobile and stationary sources. Mobile sources include automobiles, particularly those with internal combustion engines, which emit nitrogen oxides, hydrocarbons, and carbon monoxide. Stationary sources include power generation plants, industrial processes, and mining operations, which release harmful chemicals and contribute significantly to industrial emissions and air pollution. Emission standards, set by governments and regulatory bodies, drive the demand for ECCs. Catalytic converters, such as three-way catalysts, gasoline particulate filters, diesel oxidation catalysts, and diesel particulate filters, are essential components in reducing these emissions. Platinum group metals (PGMs) and rare earth oxides are primary materials used in catalytic converters. The automotive sector, urbanization, and rapid industrialization have led to increasing concerns about environmental issues, including CO2 emissions, air quality, and health hazards. Governments and automobile manufacturers are investing in lighter vehicles, hybrid vehicles, and battery electric vehicles to reduce emissions. Financial incentives, such as purchase bonuses and tax savings, encourage consumers to adopt these technologies. Oil prices and the availability of renewable energy sources also impact the ECC market. Stringent emission standards and the shift towards cleaner technologies are expected to drive market growth. SCR systems, which use ammonia or urea to reduce NOx emissions, are gaining popularity in power stations, chemical plants, and stationary diesel engines. TiO2, V2O5, WO2, and zeolites are commonly used in SCR technology. Trade and economics, labor, stimulus packages, and other factors influence the ECC market's growth and development. The mining industry, metal production, and other industries also contribute to emissions and the demand for ECCs. Overall, the ECC market is essential in addressing environmental concerns and ensuring compliance with emission standards. Table of Contents: 1 Executive Summary2 Market Landscape3 Market Sizing4 Historic Market Size5 Five Forces Analysis6 Market Segmentation 7 Customer Landscape8 Geographic Landscape9 Drivers, Challenges, and Trends10 Company Landscape11 Company Analysis12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/
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Squalene Market to Grow by USD 62.9 Million from 2024-2028, Driven by Rising Adoption of UVA/UVB Filters in Sunscreens, Report Powered by AI - Technavio
NEW YORK, Sept. 17, 2024 /PRNewswire/ -- Report on how AI is driving market transformation- The global squalene market size is estimated to grow by USD 62.9 mn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.79% during the forecast period. Increasing acceptance of uva/b filters in sunscreens and sun protection cosmetics is driving market growth, with a trend towards squalene derived from renewable resources. However, stringent safety regulations on uv sun care products poses a challenge. Key market players include Amyris Inc., ARISTA INDUSTRIES, BOCSCI Inc., Cibus, Croda International Plc, Evonik Industries AG, Gracefruit Ltd., KISHIMOTO SPECIAL LIVER OIL CO. LTD., KURARAY Co. Ltd., LBB Specialties LLC, MacroCare Tech Ltd., Majestic Mountain Sage Inc., Maruha Nichiro Corp., Maypro Group, Micro Capsule Technologies, New Zealand Green Health Ltd., Parchem Fine and Specialty Chemicals Inc., Seadragon, Sophim, and VESTAN. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report Market Driver Squalene, a natural hydrocarbon, is increasingly derived from renewable sources such as vegetables and olives. Olive oil is a significant source due to its high squalene content. Renewable squalene production is expanding in countries with abundant olive cultivation, including Greece, Portugal, Italy, France, Spain, the US, Australia, Turkey, and Austria. Sugarcane is another source, yielding squalene of higher quality and purity. Squalene is used in skin treatments and personal care products derived from olive oil and sugarcane. Additionally, squalene is sourced from tobacco and a new yeast-like fungus, Pseudozyma, for commercial production. Genetic modification and metabolic changes have enhanced squalene production, leading to the development of industrial-scale, squalene-hyperproducing strains. This trend towards renewable squalene sources is anticipated to continue, positively impacting the global squalene market's growth during the forecast period. Squalene is a popular ingredient in the personal care industry, used in creams, serums, oils, and masks for its excellent moisturizing properties. Traditionally sourced from shark liver oil, concerns over animal welfare and sustainability have led to the exploration of renewable sources. Sugarcane and olive-derived squalene are now common alternatives. Vegetable-sourced squalene, also known as squalane, is gaining popularity due to its lower toxicity and compatibility with various formulations. Emollients in lotions, hair conditioners, bath oils, lipsticks, foundations, and even vaccines benefit from squalene's ability to reduce the oxidation of other ingredients and enhance their efficacy. Squalene's role in the cosmetics sector extends to cleansing ingredients in various personal care products. In the nutritional supplement market, fish oil and shark liver oil remain significant sources of squalene, contributing to immune response and vaccine development. Renowned companies like GlaxoSmithKline, Sanofi S, and CureVac N are investing in squalene research for its potential as an adjuvant in flu vaccinations, enhancing immunogenicity and antigen dosage sparing. However, the use of squalene in vaccines has raised concerns regarding its potential toxicity and heterologous antibody responses. The oncology segment is also exploring squalene for its potential role in cancer treatment. Overall, the versatility of squalene makes it an essential raw material in various industries, from personal care to pharmaceuticals. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This squalene market report extensively covers market segmentation by 1.1 Cosmetic and personal care products- The global squalene market is primarily driven by the cosmetics and personal care sector, with squalene and squalane being key ingredients due to their skin benefits. Squalene, a natural organic substance, is sourced from olives, wheat germ oil, and rice bran. It acts as a precursor to cholesterol and aids in skin moisturization and protection. Squalane, derived from squalene through hydrogenation, is a stable form for skincare products. Both offer moisturizing, anti-aging, anti-inflammatory, and healing properties. In cosmetics, they're used in hair care, makeup, skincare, and sunscreen products. They improve skin texture, reduce fine lines, protect from environmental stressors, and strengthen the skin's barrier function. Squalane is lightweight, noncomedogenic, and suitable for all skin types. Its humectant property retains skin moisture and has antibacterial properties. The expanding cosmetics industry, growing consumer spending, and increasing demand for premium products fuel the market's growth during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis Squalene is a natural hydrocarbon found in various sources, including shark liver oil and certain plant-based sources like olives, rice bran, amaranth oil, and sugarcane. In the personal care and cosmetics sector, squalene is widely used as an emollient due to its excellent moisturizing properties. It is commonly found in creams, serums, and oils, and is known for its ability to penetrate deep into the skin, making it an effective anti-aging ingredient. Animal-sourced squalene, primarily from shark liver oil, has faced controversy due to concerns over shark populations and toxicity. However, the cosmetics industry has shifted towards vegetable-sourced squalene as a more sustainable and ethical alternative. Free radicals are unstable molecules that can damage skin cells and contribute to the aging process. Squalene is a potent antioxidant that helps protect the skin from damage caused by free radicals. The MMPA (Marine Mammal Protection Act) regulates the harvesting of shark liver oil, ensuring that it is sustainably sourced. Nutraceutical firms also use squalene for its health benefits, such as reducing inflammation and improving skin elasticity. Terpene oils, like tea tree oil and sandalwood oil, can be rich sources of squalene. Tobacco crops are also being explored as a potential source of squalene, but its extraction is still under research. Overall, squalene is a versatile ingredient with numerous applications in personal care and cosmetics, as well as in nutraceuticals, and its sourcing is becoming increasingly sustainable and ethical. Market Research Overview Squalene is a natural hydrocarbon found in various organisms, including sharks, olives, and sugarcane. In the personal care industry, squalene is widely used as a raw material for creating emollients in creams, serums, oils, masks, lotions, hair conditioners, bath oils, lipsticks, foundations, and more. Squalene's ability to mimic the skin's natural oils makes it an excellent moisturizing agent and cleansing ingredient. Animal-sourced squalene, primarily obtained from shark liver oil, has raised concerns regarding the impact on shark populations. Renewable sources, such as sugarcane and vegetable-sourced squalene, have gained popularity as alternatives. Squalene's antioxidant properties help protect the skin from free radicals and the aging process. Beyond personal care, squalene is also used in vaccines as an adjuvant to enhance immunogenicity and reduce antigen dosage sparing. Companies like GlaxoSmithKline, Sanofi Pasteur, and CureVac are some key players in this segment. Squalene's use extends to the oncology segment for its potential anti-aging properties and as a component in terpene oils, such as amaranth oil and rice bran oil. Squalene's applications go beyond personal care and cosmetics. It is also used in nutraceuticals and nutritional supplements, such as fish oil and plant-based squalene. In the pharmaceutical industry, squalene is used as a raw material for producing synthetic squalene for various applications, including flu vaccinations. However, it is important to note that while squalene is generally considered safe, there have been reports of allergic reactions and toxicity in some individuals. Therefore, it is essential to use squalene-containing products responsibly and consult a healthcare professional if any adverse reactions occur. Table of Contents: 1 Executive Summary2 Market Landscape3 Market Sizing4 Historic Market Size5 Five Forces Analysis6 Market Segmentation 7 Customer Landscape8 Geographic Landscape9 Drivers, Challenges, and Trends10 Company Landscape11 Company Analysis12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/
seekingalpha.com
Evonik - I Continue To Be Long Here
Evonik has shown growth and strong performance in 3Q and 4Q23, with a 19% increase in share price since the last article. The company is undergoing a strategic realignment and investing in future technologies, leading to long-term growth opportunities. Evonik remains undervalued, with a positive outlook for 2024E and potential for 15%+ annualized upside, making it a "BUY".
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Evonik: Another Exit In A Low Margin Division
The company met its 2023 forecast despite a challenging environment, with positive performances in the Nutrition & Care division. Evonik confirmed its dividend per share thanks to a solid FCF and a supportive cash conversion rate. With conservative 2024 guidance and a discount on peers' valuation, our buy rating is then confirmed.
reuters.com
Evonik says recovery unlikely in 2024, plans 2,000 job cuts
German chemicals group Evonik Industries said on Monday it expected no signs of a recovery in 2024 and announced up to 2,000 job cuts worldwide by 2026 in a bid to cut costs.
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Evonik: The Reversal Could Be Significant, 'Buy'
Evonik Industries' position is currently volatile and uncertain, but I'm not worried. The company's 3Q23 results were above expectations, with positive cash generation and a confirmed adjusted EBITDA that can cover the current dividend. Evonik is undergoing a strategic realignment of its portfolio and investing in future technologies, which could lead to long-term growth opportunities.
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Evonik Industries AG (EVKIF) Q3 2023 Earnings Conference Call Transcript
Evonik Industries AG (EVKIF) Q3 2023 Earnings Conference Call Transcript
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Evonik Industries AG (EVKIF) Q2 2023 Earnings Call Transcript
Evonik Industries AG (OTCPK:EVKIF) Q2 2023 Earnings Conference Call August 10, 2023 5:00 AM ET Company Participants Tim Lange – Head-Investor Relations Christian Kullmann – Chief Executive Officer Maike Schuh – Chief Financial Officer Conference Call Participants Ranulf Orr – Citi Chetan Udeshi – JPMorgan Gunther Zechmann – Bernstein Matthew Yates – Bank of America Andreas Heine – Stifel Jaideep Pandya – On Field Research Tim Lange Thank you very much, and good morning from our side here in Essen. With me are Christian and Ute for our – I know at some point, it would happen.
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Evonik: Building A Position For A Blockbuster 2023-2025 - Buy
Despite a downturn in the specialty chemicals sector, I remain positive about investment in Evonik Industries stock due to strong dividends, a BBB+ credit rating, and strong underlying fundamentals. The company's 2Q23 results were weaker than expected, with a slower recovery leading to weak demand for products. However, the overall trend is positive, with sequentially better earnings each month. Despite the downturn, I believe Evonik is undervalued and has potential for significant improvements in the long term. The company remains a "Buy."
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Evonik: A Slow Q1, But There Are Underlying Signs Of Improvement
Evonik is a relatively new position I've been establishing over the past few months, as the company has been troughing between €17-19/share for the native. The company reported 1Q23 results as I am writing this article - and there are things to take into consideration here.