Evonik (EVK GY) Q1 2026 (EUR): Adj. EBITDA 475mln (exp. 464.1mln); FY Outlook 2-2.2bln (exp. 2.06bln)
Iranian Deputy Foreign Minister says safe passage through the Strait of Hormuz without consideration of Iran's sovereignty is not guaranteed
Mercedes (MBG GY) is reportedly looking to postpone a collectively agreed special payment, and defer bonus payments, Bild reports
Evonik (EVK GY) Q1 2026 (EUR): Adj. EBITDA 475mln (exp. 464.1mln); FY Outlook 2-2.2bln (exp. 2.06bln)
[MARKET ANALYSIS] USD pressured and EUR outperforms in a slight breather of recent rate differential led moves
Italy sells EUR 7bln vs exp. EUR 5.5-7bln 3.15% 2031, 3.80% 2036 and 3.45% 2036 BTP & EUR 2.0bln vs exp. EUR 1.5-2bln 1.645% 2036 CCTeu
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- This positive earnings development is driven by both higher sales volumes and higher prices, alongside ongoing cost reductions.
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