Articles tagged with 'Investor Relations' | Covestro IR

News (Investor Relations)

2021
06
August
2021
| 07:00 Europe/Amsterdam
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 guid...
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12
July
2021
| 14:08 Europe/Amsterdam
Covestro is raising its forecast for EBITDA, free operating cash flow (FOCF) and return on capital employed (ROCE) for fiscal year 2021 as a result of a further improved business outlook for the second half-year. The new expectation exceeds the previ...
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01
July
2021
| 08:00 Europe/Amsterdam
The guiding principle: to become fully circular Milestone in implementing the new strategy achieved Business reorganized into seven business entities Future reporting in two segments Focus on customer centricity and sustainability ...
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28
April
2021
| 07:00 Europe/Amsterdam
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 f...
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13
April
2021
| 19:37 Europe/Amsterdam
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 devel...
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01
April
2021
| 14:15 Europe/Amsterdam
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 ...
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25
March
2021
| 10:02 Europe/Amsterdam
Innovative process for recovering both core raw materials New pilot plant for chemical recycling put into operation Trailblazer for industrial recycling Co-shaping the circular economy in cooperation with value chain ...
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24
March
2021
| 11:00 Europe/Amsterdam
45 percent of Covestro Antwerp's electricity demand covered by renewable energy Capacity of almost 40 megawatts from new onshore wind turbines ...
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01
March
2021
| 10:00 Europe/Amsterdam
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 ...
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23
February
2021
| 07:00 Europe/Amsterdam
Core volumes down by 5.6% Group sales approximately EUR 10.7 billion (–13.7%) EBITDA as forecasted at approximately EUR 1.5 billion (–8.2%) Free operating cash flow increased to EUR 530 million (+12.1%) Proposed dividend of EUR 1.30, new divide...
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05
February
2021
| 10:00 Europe/Amsterdam
Significant increase of production capacity at the Shanghai site Environmentally compatible products replace solvent-based types Versatile applications in automobiles, furniture, textiles and shoes ...
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2020
08
December
2020
| 19:02 Europe/Amsterdam
Covestro raises its forecast for EBITDA and Free Operating Cash Flow (FOCF) in fiscal year 2020 as a consequence of a better than expected business development in the fourth quarter 2020. The new expectation exceeds the previously provided financial ...
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16
November
2020
| 10:00 Europe/Amsterdam
Significant savings of steam, electricity and therewith CO2 Pilot plant inaugurated for industrial-scale application Development of new technology underlines innovation leadership ...
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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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2019
28
October
2019
| 12:08 Europe/Amsterdam
Core volumes up by 5.3% Group sales total approximately EUR 3.2 billion (–14.6%) EBITDA forecast achieved at EUR 425 million (–50.5%) Earnings per share drop to EUR 0.80 (–69.1%) Free operating cash flow at EUR 243 million (–58.0%) Ranges for ...
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24
July
2019
| 12:12 Europe/Amsterdam
Core volumes up slightly (+1.1%) Group sales total around EUR 3.2 billion (-16.9%) EBITDA at EUR 459 million as expected (-53.4%) Earnings per share drop to EUR 1.03 (-66.4%) Free operating cash flow at minus EUR 55 million / Q3 EBITDA of aroun...
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05
June
2019
| 12:14 Europe/Amsterdam
The material manufacturer Covestro has chosen a Chief Commercial Officer (CCO), the last position to be filled on its Management Board. At its meeting on Tuesday, the Supervisory Board unanimously appointed Sucheta Govil (55) for this position. By Au...
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29
April
2019
| 12:15 Europe/Amsterdam
Core volumes slightly down (-1.8%) / Group sales around EUR 3.2 billion (-16.0%) EBITDA at EUR 442 million in line with expectations (-58.4%) EPS of EUR 0.98 below previous year (-69.8%) Free operating cash flow at minus EUR 45 million Guidance...
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12
April
2019
| 12:16 Europe/Amsterdam
Dividend raised for the fourth consecutive year. ...
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04
April
2019
| 13:48 Europe/Amsterdam
Focus on environmental protection and sustainable supply chain. ...
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25
February
2019
| 13:49 Europe/Amsterdam
Continued core volume growth at 1.6% Group sales rise to EUR 14.6 billion EBITDA declines to EUR 3.2 billion Proposed dividend of EUR 2.40 per share EPS slightly declines to EUR 9.46 Around EUR 1.7 billion returned to stockholders through shar...
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2018
20
November
2018
| 13:52 Europe/Amsterdam
Leverkusen, November 20, 2018. Intense competition, increased costs and formation of provisions have resulted in the following adjustments to our guidance for 2018: ...
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26
July
2018
| 12:49 Europe/Amsterdam
• 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 • Earnings per share rose by 28.5% to EUR 3.07 • Free operating cash flow increased by 14.1% to EUR 364 million • Guidance for EB...
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26
April
2018
| 12:48 Europe/Amsterdam
• 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...
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20
February
2018
| 12:43 Europe/Amsterdam
• Group sales grew 18.8% to EUR 14.1 billion • EBITDA increased 70.6% to EUR 3.4 billion • Net income more than doubled to EUR 2.0 billion • Record in free operating cash flow - EUR 5.0 billion now until 2019 • Dividend proposal: EUR 2.20 per sha...
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2017
24
October
2017
| 12:40 Europe/Amsterdam
• Group sales rise 16.9% to EUR 3.5 billion • Core volumes up 2.6% over prior-year quarter • EBITDA climbs 50.2% to EUR 862 million • Net income grows 89.6% to EUR 491 million • Free operating cash flow increases 1.9% to EUR 658 million • EUR 1 ...
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