Articles tagged with 'Financials' | Covestro IR

News (Financials)

2020
27
October
2020
| 07:00 Europe/Amsterdam
Core volumes up by 3.0% Group sales total around EUR 2.8 billion (–12.7%) EBITDA of EUR 456 million (+7.3%) driven by cost-cutting measures Net income of EUR 179 million (+21.8%) Free operating cash flow rises to EUR 361 million (+48.6%) Guida...
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14
October
2020
| 08:15 Europe/Amsterdam
Complete placement of 10,200,000 offered shares Gross proceeds of EUR 447 million Use of proceeds to finance the announced acquisition of the RFM business from DSM ...
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15
April
2020
| 11:42 Europe/Amsterdam
Covestro has been actively executing its crisis management plans in response to the global spread of the coronavirus pandemic and adjusting business operations according to local developments. The Board of Management has taken early and decisive acti...
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26
March
2020
| 14:05 Europe/Amsterdam
Covestro has agreed a loan with the European Investment Bank (EIB) for EUR 225 million. The loan will provide medium term funding to strengthen the research and development (R&D) work of Covestro in the areas of sustainability and circular economy wi...
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23
March
2020
| 11:44 Europe/Amsterdam
Annual General Meeting of Covestro AG will not take place on April 17, 2020, due to corona-virus pandemic Meeting is postponed to a later date ...
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18
March
2020
| 11:46 Europe/Amsterdam
Covestro has successfully signed a contract with its 16 core banks for a new syndicated revolving credit facility for EUR 2.5 billion with a term of five years plus two one-year extension options, effective as of March 17, 2020. The facility can be d...
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2018
15
January
2018
| 12:43 Europe/Amsterdam
• Positive one-time effect of ca. EUR 85 million on net income expected in 2017 • Additional positive impact on coming years. ...
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2016
04
March
2016
| 12:17 Europe/Amsterdam
• Four times oversubscription demonstrates broad investor interest • Three tranches with terms of two to 8.5 years ...
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26
February
2016
| 12:15 Europe/Amsterdam
• Volume of EUR 5 billion • Baa2 rating from Moody's ...
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