Covestro – leader in material solutions

Covestro resolves on share buyback program with volume of approx. EUR 500 million

Solid results in a challenging environment

Covestro aims for climate neutrality

 Ambitious target: Net zero1 emissions by 2035 for scope 1 and scope 2  60% reduction in greenhouse gas emissions by 2030   Every product to be offered in a climate neutral version in the future with major products already on offer today 

Press Kit: Full Year 2021 Results and Covestro Annual Press Conference

Find all documents at a glance here: Our press release on the results for fiscal 2021, the presentation of the Annual Press Conference, the link to our Annual Report 2021 as well as images and further information.

Press Kit: Annual General Meeting 2022

Here you will find all the important documents relating to our Annual General Meeting 2022 at a glance: Our press release, the speeches, the link to the live broadcast as well as downloadable images and further links.

Strong full year 2021 for Covestro

Core volumes sold up by 10%Group sales total EUR 15.9 billion (+48.5%)EBITDA more than doubles (>100%) to EUR 3.1 billionFree operating cash flow increases to EUR 1.4 billion (>100%)Highest dividend in the Group’s history proposed: EUR 3.40Climate ne…

Reduced earnings outlook for 2022 (May)

Dividend of EUR 3.40 approved

Actions of the Board of Management and Supervisory Board ratifiedSupervisory Board: Dr. Sven Schneider succeeds Prof. Dr. Rolf NonnenmacherDr. Markus Steilemann: “There can be no sustainability without Covestro”

Reduced earnings outlook for 2022

Covestro reduces its forecast for EBITDA, free operating cash flow (FOCF), return on capital employed over weighted average cost of capital (ROCE over WACC) and greenhouse gas emissions, measured via CO2 equivalents, for fiscal year 2022. This is a c…

Successful quarter in an increasingly volatile environment

Group sales rise to EUR 4.7 billion (+41.6%)EBITDA of EUR 806 million (+8.5%)Net income amounting to EUR 416 million (+5.9%)Free operating cash flow of EUR 17 million (–94.7%)Further steps toward a circular economy and climate neutralityReduced earni…

Solid performance and an increasingly challenging environment

Group sales rise to EUR 4.7 billion (+18.9%)EBITDA of EUR 547 million (–33.0%) above own guidanceNet income totals EUR 199 million (–55.7%)Free operating cash flow (FOCF) falls to EUR –462 millionFull-year guidance 2022 adjustedContinued focus on the…

Covestro successfully issues Schuldschein loan worth EUR 650 million equivalent*