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Evonik Q3 Core Profit Misses Estimates; Sees Earnings at Upper End of Guidance

Evonik said it expects full-year profitability at the upper end of its guidance range despite weak economic growth and geopolitical tensions.

EVK

German chemicals group Evonik XETR:EVK posted third-quarter core profit slightly below analyst estimates on Tuesday, but said it expects full-year profitability to come in at the upper end of its guidance range despite weak economic growth and geopolitical tensions.Evonik's adjusted earnings before…

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