Strong forecast for 2017

In the current year, Evonik aims to outdo its profits from 2016. For 2017 the Group expects an adjusted EBITDA of between €2.2 billion and €2.4 billion, announced Evonik Executive Board Chairman Klaus Engel.

In the previous year the Group achieved an adjusted EBITDA of €2.165 billion, placing it at the top end of its forecast.

Evonik is aiming to keep dividends for its shareholders at an attractive level. The Executive Board and Supervisory Board will therefore propose a dividend payout of €1.15 per share to the Shareholders’ Meeting. Based on the closing share price at the end of 2016 this corresponds to a dividend return of 4.1 percent, putting Evonik among the frontrunners in the chemical industry.