Evonik Industries AG (OTCPK:EVKIF)
$ 17.9 0 (0%) Market Cap: 8.55 Bil Enterprise Value: 11.94 Bil PE Ratio: 36.18 PB Ratio: 0.89 GF Score: 81/100
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Evonik Industries AG Nutrition & Care and Smart Materials - Specialty Additives Call (Virtual) Transcript

Jul 01, 2021 / 01:00PM GMT
Release Date Price: $34.46
Tim Lange
Evonik Industries AG - Head of IR

Good afternoon and a virtual welcome to all of you out at the screens from Evonik in Essen. Yes. Here we go again. It's Part 3 of our Division Spotlight Series, but it's not like with the movies. We're already slowly running out of ideas with Part 2 and then Part 3 is already very boring. We actually have saved the best for last, our division, Specialty Additives.

Like probably no other division, Specialty Additives and their business model stand for high barriers to entry and a resilient and strong financial performance. Today, you will learn more about their success factors, about how they manage complexity with more than 1 million of formulations in their portfolio and about the growth opportunities arising from, amongst others, sustainability and digitalization.

Therefore, I have today 4 members of the management team of Specialty Additives with me, Lauren Kjeldsen, the head of the division and the 3 business line heads: Stefan Plass, Gaetano Blanda and Ralph Marquardt. They will introduce themselves in a second.

I think you

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