The backbone of our organization’s success are our 16,800 employees, who work at around 30 sites across the globe – from smaller technical centers and innovation hubs to large-scale production plants. Our activities are coordinated from our corporate headquarters in Leverkusen, Germany.
Thanks to the sound setup of our company and its innovative power, we have achieved a reliable course of growth and consolidated our standing in the global markets. In 2018, Covestro’s Group sales increased by 3.4% to EUR 14.6 billion over the past fiscal year. Covestro generated EBITDA of EUR 3.2 billion, 6.8% below the record year of 2017. Core volumes grew by 1.6%, while free operating cash flow stood at EUR 1.7 billion. Return on capital employed (ROCE) stood at 29.5%, well over the multi-year average.
For more information on Covestro's business performance and key data, take a look at the Annual Report 2018.