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 neutrality  Re…

Reduced earnings outlook for 2022

Strong full year 2021 for Covestro

Core volumes sold up by 10.0%  Group sales total EUR 15.9 billion (+48.5%)  EBITDA more than doubles (>100%) to EUR 3.1 billion  Free operating cash flow increases to EUR 1.4 billion (>100%)  Highest dividend in the Group’s history proposed: EUR 3.4…

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

Covestro shows strong earnings growth

Sales grow to around EUR 4.3 billion (+55.9%) Slight increase in core volumes sold EBITDA rises sharply to EUR 862 million (+89.0%) Net income more than doubles to EUR 472 million Free operating cash flow at EUR 381 million (+5.5%) Earnings outlook…

Strong second quarter with momentum for high earnings

Core volumes sold up by 35.0% Group sales of more than EUR 3.9 billion (+83.5%) EBITDA rises to EUR 817 million (>500%) Net income totals EUR 449 million Strong increase in free operating cash flow to EUR 374 million Increased earnings guidance f…

Raised earnings outlook for 2021 (July)

Covestro starts 2021 with sustained momentum

Core volumes sold up by 5.3% Sales grow to around EUR 3.3 billion (+18.8%) EBITDA almost triples to EUR 743 million Net income rises to EUR 393 million (>1,800%) Free operating cash flow at EUR 318 million Guidance 2021: Optimistic outlook for the…

Raised earnings outlook for 2021

EBITDA is expected to be between EUR 2,200 million and EUR 2,700 million. The previous forecast projected EBITDA between EUR 1,700 million and EUR 2,200 million. The adjustment of the forecast mainly results from a better than expected margin develo…

Covestro successfully completes acquisition of Resins & Functional Materials business from DSM

Covestro to become one of the leading global suppliers for sustainable coating resins Acquisition adds around EUR 1 billion in revenues Consequent implementation of sustainable growth strategy

Covestro and ENGIE sign supply agreement for green power in Belgium

45 percent of Covestro Antwerp's electricity demand covered by renewable energy Capacity of almost 40 megawatts from new onshore wind turbines

Covestro sells joint venture shares in Dubai systems house

Proceeds in the mid-single-digit million euro range Closing expected in the first half of 2021 Systems house continues doing business independently, Covestro remains key supplier