Articles tagged with 'investor relations' | Covestro IR

Already today, Covestro is publishing the following preliminary financial data for the first half year 2026:• Preliminary sales amount to EUR 6,729 million. • Preliminary EBITDA amounts to EUR 669 million. This development is mainly …

World-scale MDI train at Covestro Integrated Site Shanghai in China with production start at the end of the decadeUAE feasibility study for second new world-scale MDI train based on existing partnership with TA'ZIZ and FertiglobeBoth MDI production …

Leverkusen – As a result of the acquisition of shares in Covestro AG by (i) ADNOC International Germany Holding AG as well as (ii) XRG P.J.S.C. (“XRG”) as part of the expected acquisition of shares based on the exclusion of minority shareholders …

The Supervisory Board of Covestro has unanimously decided to appoint Klaus Fröhlich as the new Chief Financial Officer (CFO). The 53-year-old will assume the role from Christian Baier effective October 1, 2026. Christian Baier will leave the company …

XRG P.J.S.C., Abu Dhabi, United Arab Emirates (“XRG”), today submitted to the Board of Management of Covestro AG (ISIN: DE0006062144 / WKN 606214) the formal request in accordance with Section 327a para. 1 sentence 1 of the German Stock Corporation …

Group sales at EUR 12.9 billion (–8.7%)EBITDA of EUR 740 million (–30.9%)Free Operating Cash Flow of EUR –283 millionSTRONG program with EUR 275 million in realized savingsPartnership with XRG completed; capital increase strengthens balance …

The Chief Executive Officer of Covestro AG, Dr Markus Steilemann, today informed the Chairman of the Supervisory Board of the Company that he will not be available for a further term of office upon the expiry of his current term, which runs until 31 …

Exploring ammonia supply opportunities from Fertiglobe to key Covestro sites globallyAccess to low-carbon and green ammonia, supports transition towards more sustainable production pathwaysJoint assessment of enabling ammonia …

Covestro AG decides to apply for switch from the Prime Standard to the General Standard of the Frankfurt Stock Exchange. The shares of Covestro AG (WKN 606214 / ISIN DE0006062144) are currently admitted to trading on the regulated market of the …

XRG P.J.S.C. today informed Covestro AG that the general meeting of Covestro AG shall resolve the transfer of the shares held by the minority shareholders to XRG P.J.S.C. in return for appropriate cash compensation pursuant to sec. 327a para. 1 …

Leadership transition in Supervisory Board following successful completion of strategic partnership with XRGDr. Rainer Seele has succeeded Dr. Richard Pott effective 20 December 2025  

Christian Baier, Chief Financial Officer of Covestro AG, has informed the Chairman of the Supervisory Board that he will not be renewing his contract and will leave the company upon expiry of his term in September 2026 at his own request. By sharing …

• EUR 1.17 billion capital increase has been executed• Closing marks official start of partnership

German Foreign Investment Control approval receivedAll closing conditions fulfilled: transaction expected to close in the coming daysPartnership marks a new chapter of close cooperation with focus on disciplined,long-term value-creationCovestro …

• Group revenue falls to EUR 3.2 billion (–12%) • EBITDA at EUR 242 million at the upper end of the forecast • Consolidated net income at EUR –47 million • Free operating cash flow at EUR 111 million • EBITDA forecast for 2025 …

• Strengthening of Solutions & Specialties segment • Step in long-term growth strategy • Further improving aliphatics production portfolio by acquiring sites for production of isocyanate derivatives in Freeport, USA and Rayong, …

• Group sales of EUR 3.4 billion (–8.4%) due to price decline • EBITDA at EUR 270 million (–15.6%) in line with forecast • Consolidated net income at EUR –59 million • Free operating cash flow at EUR –228 million • Full-year …

Covestro reduces its forecast for EBITDA, free operating cash flow (FOCF) and return on capital employed over weighted average cost of capital (ROCE over WACC) for fiscal year 2025. This is a consequence of a continuously weak global economy without …

• Significant step in long-term growth strategy • Expansion of product and technology portfolio with innovative film solutions • Stronger market presence in Europe through additional production capacities • Attractive value creation …

• Group sales of around EUR 3.5 billion • EBITDA at the upper end of the forecast at EUR 137 million • Net income at EUR –160 million • FOCF of EUR –253 million • Full-year guidance narrowed within given ranges

• Joint Venture site produced Propylene Oxide and Monomers (POSM) • LYB must ensure assets in portfolio are a long-term strategic fit • Covestro works to optimally position the company as part of “Sustainable Future” strategy • …

• Group sales of EUR 14.2 billion (–1.4%) • EBITDA of EUR 1.1 billion (–0.8%) • Free operating cash flow of EUR 89 million (–61.6%) • High acceptance ratio for ADNOC’s takeover offer • Savings of EUR 400 million per annum by …

• Investment in the low triple-digit million Euro range • Significant capacity increase with multiple new production lines • Customized polycarbonate material solutions for the American market 

• ADNOC International, now XRG, achieves total of 91.3 percent after additional acceptance period • Covestro supposed to become foundational platform of XRG’s Performance Materials and Specialty Chemicals business • Closing of transaction …

Covestro, a world-leading supplier of high-tech polymer materials, is announcing Monique Buch (50) as the company’s new Chief Commercial Officer (CCO). The Supervisory Board of Covestro has unanimously appointed Monique Buch who is taking over from …

• Pilot plant will be built in Leverkusen, Germany • Novel chemical recycling process for elastomers made of Vulkollan® • Technology offers recycling solution and additional carbon footprint reduction for high performance elastomers

• Developing and implementing business models in the circular economy • Monetization approach for circular solutions developed together with Deloitte, structured basic framework established • Framework validated through pilot projects, …

• Offer price of €62.00 per share in cash, representing an attractive premium of 54 percent to the unaffected share price of Covestro • Board of Management and Supervisory Board recommend to Covestro’s shareholders to accept the offer • …

• Group sales remain stable at EUR 3.6 billion (+1.0%) • EBITDA increases to EUR 287 million (+3.6%) • Net income reaches EUR 33 million • Free Operating Cash Flow is at EUR 112 million (–63.6%) • Investment Agreement with ADNOC …

• ADNOC International Germany Holding AG makes a takeover offer at €62.00 per Covestro share • The Investment Agreement defines key aspects of the strategic partnership, including clear commitments by ADNOC International to fully support the …