Triple potential: Evonik's business areas
Our portfolio covers three growth business areas and occupies a leading position in the market. At the same time, the stability of the three business areas is high, which greatly reduces the investment risk. Active portfolio management and effective capital allocation are the primary tasks of Evonik Group: we only invest in sustainable development and growth businesses. Any business that does not meet or may not meet the growth requirements will be divested.
Economic success and value creation
In 20 10, Evonik's 34,000 employees generated sales of about 654.38+0.33 billion euros, 60% of which came from outside Germany, and its earnings before interest and tax (EBIT) reached 654.38+0.6 billion euros. Evonik also achieved 8.4% return on expenditure capital last year, slightly higher than the pre-tax capital cost ratio of 8%, and its cash flow reached 2 1 100 million euros.
While achieving commercial success, Evonik has always assumed ecological and social responsibilities. Therefore, we attach great importance to transparent reports and communication with the public; It includes meaningful business department data, various indicators of business departments and extensive financial data. Therefore, our annual report also contains detailed financial, ecological and social achievements.
The relationship among Evonik Degussa, Evonik and Degussa.
Evonik Degussa is the Degussa before the acquisition. On September 12, 2007, German Ruhr Group, a subsidiary of Degussa (China) Investment Co., Ltd., reorganized its three major businesses, namely chemical industry, energy industry and real estate industry, and established a brand-new Evonik Industrial Group. Dr Werner Müller, CEO of Ruhr Group, the predecessor of the group, said that Evonik is an innovative industrial group in Germany, and our core competitiveness in the fields of chemical industry, energy and real estate has enabled us to aggregate into an entity with great development potential. The group changed its name to Evonik Industrial Group, which reflected the key points of the company's strategic integration and the last step before entering the capital market. In the future, Germany's coal mining industry will operate in the name of Ruhr and will not be related to the brand-new Evonik Group.
With the announcement of the new name of Evonik Industrial Group, the parent company of Degussa (China) Investment Co., Ltd. was renamed Evonik Degussa Co., Ltd. Degussa (China) Investment Co., Ltd. will also be renamed. At present, Degussa (China) Investment Co., Ltd. is going through the necessary renaming procedures. The company plans to gradually fade out the original company name "Degussai" and completely use the new logo "Evonik" in the next few years.