BERLIN (dpa-AFX) - Evonik Industries AG (EVK.DE), a German specialty
chemicals company, Monday said it currently expects adjusted earnings before
interest, taxes, depreciation, and amortization or adjusted EBITDA for the
second quarter to be 578 million euros, above the market expectations of 531
million euros.

'In addition to continued strict cost discipline, good volume development in
Specialty Additives, as well as a price recovery in Animal Nutrition and lower
production costs were drivers of the sequential increase,' the company said in a
statement.

Subsequently, Evonik has raised its full-year adjusted EBITDA outlook to 1.9
billion euros-2.2 billion euros from the previous guidance of 1.7 billion
euros-2 billion euros.

On a preliminary basis, sales for the second quarter of 3.9 billion euros were
just around the level of the previous year.



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