Investor Relations
Plans to increase investment for further growth
Covestro raises guidance after a strong second quarter
Group sales improved by 10.4% to EUR 3.9 billion / Core volumes up 4.4% / EBITDA grew by 16.2% to EUR 985 million / Net income rose by 24.8% to EUR 604 million / Free operating cash flow increased by 14.1% to EUR 364 million / Guidance for EBITDA, FOCF and ROCE raised
more
Council of the EU visits RWTH/Covestro Catalytic Center in Aachen
EU and Industry Counting on Sustainable Chemistry
Cutting-edge research needs a more innovation-friendly environment / Further research into the use of CO2 as a resource required
more
Comprehensive program sets new standards
Covestro to digitalize operations continuously
Engineering, operations, manufacturing more efficient and safe / Next step of digitalizing operations on a global scale / Digital solutions simplify work
more
Group sales and EBITDA up significantly in the first quarter
Covestro well on track
Group sales grew by 5.4% to EUR 3.8 billion / Core volumes stable at a high level / EBITDA up around a quarter to nearly EUR 1.1 billion / Net income rose by 37.6% to EUR 644 million / Free operating cash flow increased by 72.5% / On track for fiscal 2018: guidance confirmed
moreSPECIALIZED PRESS
Regional application center to open up market potential of advanced materials
Covestro joins Composite Application Center in Singapore
Significant market potential for fiber-reinforced thermoplastic composites
more
Annual General Meeting in Bonn:
Covestro significantly raises dividend
Patrick Thomas hands over CEO position to Dr. Markus Steilemann on June 1
more
Announced change at the top management of Covestro brought forward
Patrick Thomas to hand over CEO position to Dr. Markus Steilemann on June 1, 2018
Patrick Thomas retires on May 31, 2018, by mutual agreement / Supervisory Board thanks Patrick Thomas for a highly successful transformational development in his leadership decade / Dr. Thomas Toepfer in office as CFO since April 1, 2018
moreContinued optimization of asset base:
Covestro sells its sheets outlet in the USA
Outlet sold to acrylics sheets manufacturer Plaskolite / Business to be continued under new owner / Remaining regional outlets under review to optimize portfolio
more
Fast entry to the most important German equity index
Covestro to become a DAX member
Inclusion effective as of March 19, 2018 / Significant increase in free float and market capitalization since IPO
more
