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Evonik beats profit target as Middle East war drives supply chain fears

Evonik posted adjusted EBITDA of €475 million for the quarter, beating its own forecast of around €450 million, as the Middle East conflict drove supply chain concerns.

Evonik beats profit target as Middle East war drives supply chain fears

Evonik posted adjusted EBITDA of €475 million for the quarter, beating its own forecast of around €450 million. The company's performance came as the Middle East war drove supply chain fears across the chemical industry.

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