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LoginGet Started SectorsBasic MaterialsChemicalsEvonik Industries AG EVK — EVONIK INDUSTRIES AG NEWS STORY €24.400.03+0.12% Last trade - Yesterday at 16:35 UTC Basic MaterialsBalancedLarge CapNeutral * Market Cap €11.36bn * Enterprise Value €14.06bn * Revenue €14.96bn * Quality 77 * Value 78 * Momentum 50 * StockRank™ 80 * StockReport™ * Accounts * Balance sheet * Income statement * Cashflow statement * Dividend summary * Charts * News * Discussion * EVK Dividends All News BUZZ-JPM, JEFFERIES PICK EUROPEAN CHEMICALS IN 'CHOPPY' START TO 2022 Evonik Industries AG 26/01/2022 07:20 ** JPMorgan and Jefferies are upbeat on European chemical companies for 2022, amid robust cyclical demand and real pricing increases for industrial gases, despite early supply chain and COVID-19 disruptions ** Though Q4 should be in line if not better, boosted by robust demand and an uplift in the U.S., JPM warns of some Q1 "choppiness" over Omicron that could prompt cautious guidance for 2022 ** JPM prepares for "significant moderation" of commodity chemical prices throughout the year, even for fertilizer cos who saw a recent pullback but could see better pricing in Q1 as seasonal demand picks up amid limited supply ** The brokers warn of ongoing supply chain issues, wages and logistics inflation even as Omicron risks depleting workforces and further auto production halts in Asia - knocking into demand for coatings ** Both brokers like Air Liquide AIRP.PA and BASF BASFn.DE but are are negative on Umicore UMI.BR - whose cathode material business faces structural challenges ** JPM also favours Solvay SOLB.BR , Brenntag BNRGn.DE and Evonik EVKn.DE , while Jefferies likes Arkema AKE.PA , Lanxess LXSG.DE , Novozymes NZYMb.CO and fast-growing Symrise SY1G.DE ** JPM is cautious on Croda CRDA.L and K+S SDFGn.DE , while Jefferies is short on AkzoNobel AKZO.AS , Givaudan GIVN.S and Johnson Matthey JMAT.L (Reporting by Sarah Morland) ((sarah.morland@tr.com mailto:sarah.morland@thomsonreuters.com)) RECENT NEWS ON EVONIK INDUSTRIES AG See all news * EUROPE RESEARCH ROUNDUP- CREDIT AGRICOLE, SODEXO, VOLUTION GROUP Yesterday 08:00News * EUROPE RESEARCH ROUNDUP- AVANZA BANK, DIASORIN SPA, RECKITT 23/03/2022 07:30News * BUZZ-EUROPEAN CHEMICALS: JEFFERIES SEES LIMITED END-MARKET EXPOSURE TO RUSSIA/UKRAINE 09/03/2022 14:30News * BRIEF-EVONIK INDUSTRIES CFO SAYS Q1 TO STILL BE INFLUENCED BY RISING RAW MATERIAL PRICES 03/03/2022 14:15News * BRIEF-EVONIK CEO SAYS IN VIEW OF SANCTIONS, BUSINESS WE CAN STILL DO WITH RUSSIA WILL CONTINUE 03/03/2022 10:15News STOCKOPEDIA * StockRanks Performance * About Us * Careers TOP STOCKS * UK350 * US350 * ASX350 * FR350 * SGP350 EXCHANGES * LSE * ASX * NYSE * NASDAQ * All Exchanges LEGALS * Privacy Policy * Terms & Conditions * Disclaimer * Cookies © Stockopedia 2021, Refinitiv, Share Data Services. FacebookTwitterYouTubeInstagramRSS This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.