Evonik: New Dividend Policy, 2025 Forecast Achieved

Based on the preliminary results for the 2025 fiscal year and the outlook for 2026, the Executive Board of Evonik Industries AG has decided on a realignment of its dividend policy. In the future, the payout to shareholders is intended to be between 40 and 60 percent of the adjusted net income in order to increase the Group's financial flexibility. The new regulation is to be applied for the first time to the retained earnings of the 2026 fiscal year.

For the 2025 fiscal year, Evonik intends to propose a dividend of 1.00 euro per share to the Annual General Meeting on June 3, 2026. This payout is intended as a transition to the new dividend policy. Evonik most recently paid 1.17 euros per share. Based on the current share price, the proposal corresponds to a dividend yield of around seven percent.

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The earnings forecast for the past fiscal year published in September 2025 was achieved. According to preliminary, unaudited figures, adjusted EBITDA amounts to 1.874 billion euros, placing it nearly at the forecast level of approximately 1.9 billion euros. Sales fell by about seven percent year-on-year to 14.1 billion euros.

The cash conversion rate reached the upper end of the target corridor of 30 to 40 percent, coming in at 37 percent. This was based on a free cash flow of 695 million euros. The Group's net income after taxes rose to 265 million euros in 2025, up from 222 million euros the previous year.

As part of the "Evonik Tailor Made" efficiency program, hierarchies were reduced and decision-making processes accelerated in 2025. The program will continue in 2026 and is expected to contribute significantly to cost reductions, including through the planned elimination of up to 2,000 positions. Additionally, the chemical park operating company SYNEQT began operations as an independent GmbH at the start of the year.

The position of Chief Financial Officer, which has been vacant since September 2025, is expected to be filled by the 2026 Annual General Meeting.

In view of a continued challenging economic environment, Evonik expects adjusted EBITDA for the 2026 fiscal year to be between 1.7 and 2.0 billion euros. In the medium term, the Group is pursuing the goal of achieving a return on capital employed (ROCE) of 11 percent. Evonik plans to publish the full and audited financial figures for 2025 as scheduled on March 4, 2026.

More information: www.evonik.de

Evonik Industries AG, Essen

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